Artificial intelligence
fromwww.bbc.com
1 day agoOpenAI completes shift to becoming for-profit
OpenAI converted to a for-profit company, granting Microsoft a 27% stake and enabling large-scale investment and a potential public offering.
By The Associated Press Chipmaker Nvidia will invest $100 billion in OpenAI as part of a partnership announced Monday that will add at least 10 gigawatts of Nvidia AI data centers to ramp up the computing power for the owner of the artificial intelligence chatbot ChatGPT. Per the letter of intent signed by the companies, the first gigawatt of Nvidia systems will be deployed in the second half of 2026. Nvidia and OpenAI said they would be finalizing the details of the arrangement in the coming weeks.