$100 billion megadeal between OpenAI and NVIDIA is on ice
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Nvidia stock was rising as prospects brightened for sales of its AI chips in China and to ChatGPT-developer OpenAI.
Nvidia stock was mostly flat in early trading on Friday, consolidating recent gains that have lifted the stock to its highest level since early November.
Nvidia Corporation’s (NVDA) rise has been nothing short of remarkable. What began as a niche graphics chip maker now sits at the heart of modern computing, powering data centers, artificial intelligence (AI) systems,
Nvidia has agreed to invest up to $100 billion in OpenAI, which is planning an initial public offering as soon as this year.