$20 Billion Is a Lot Smaller Than $100 Billion. What Does the OpenAI Funding Deal Mean for Nvidia Stock?

In September, Nvidia (NVDA) made headlines when it announced intentions to invest up to $100 billion in OpenAI, the maker of ChatGPT, as part of a deal that would see OpenAI build at least 10 gigawatts of AI data centers with Nvidia systems. But now there’s a new report that has people’s attention—according to Bloomberg, Nvidia and OpenAI are nearing a deal for a $20 billion investment—not $100 billion—that's close to being completed. Suddenly, there are numerous headlines in the media that the previous O ...