Nvidia reportedly plans to invest $30bn in OpenAI’s next funding round

Chip manufacturer to invest in return for stock after previous ‘circular’ $100bn deal dissolved earlier this monthNvidia, the world’s most valuable company, is reportedly planning to invest $30bn (£22bn) in OpenAI’s next funding round, after a $100bn deal between the two dissolved earlier this month.The maker of ChatGPT is expected to be valued at $730bn in the funding round, nearly twice the valuation of Anthropic, one of its main rivals, which raised $30bn earlier this month. Continue reading…