00:00U.S. chipmaker NVIDIA is planning to invest 30 billion U.S. dollars into OpenAI,
00:05bringing together two of the biggest names in AI, according to the Financial Times.
00:10This smaller investment will replace the 100 billion U.S. dollar multi-year commitment the
00:16two sides announced back in September. OpenAI is seeking to raise 100 billion U.S. dollars in its
00:23latest funding round, a figure that could put the company's valuation at around 830 billion U.S. dollars.
00:31OpenAI says it will reinvest most of its new capital in AI infrastructure, including NVIDIA's GPUs.
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