Nvidia CEO Jensen Huang said the latest investments in OpenAI and Anthropic might be the chipmaker's last in those companies. Huang said that the opportunity to invest $100 billion in OpenAI is probably not in the cards as the ChatGPT creator is set to go public later this year.
Nvidia and OpenAI had announced a $100 billion deal in September last year. But both the companies abandoned their $100 billion deal amid doubts about the health of the AI sector. Some â analysts had raised concerns about the circular arrangement, as the large investment in Anthropic would have made Nvidia a major investor in one â of its biggest customers and the money it would pour into the startup was likely to be spent on its own AI processors.
In view of this, Nvidia later finalized a $30 billion investment in OpenAI, which now as Huang says might be the last time it has the opportunity to "invest in a consequential company like this.
It was reported earlier that OpenAI is laying the groundwork for an IPO that could value the company at up to $1 trillion.
Nvidia's $10 billion investment in Anthropic probably will also be the last as â well, Huang added. The startup is reportedly looking to go public this year.
Anthropic, which is embroiled in a dispute with the Pentagon, has said it has not finalized an IPO decision.
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