OpenAI is Raising Money at $100 Billion to Build Nvidia 2.0OpenAI’s Bold Leap into the Future — My Perspective on the $100 Billion Nvidia Challenge The Pareto Investor · Follow 3 min read · Just now Just now -- ShareAs an AI expert closely following the industry’s rapid advancements, I’ve been particularly intrigued by OpenAI’s latest endeavor. The organization’s audacious plan to raise $100 billion to develop a chip technology that could potentially rival Nvidia’s dominance in the AI hardware market is a pivotal moment in AI history. OpenAI wants to beat Nvidia at their own gameThe AI arms race has seen one clear winner in the hardware domain: Nvidia. It represents a significant shift from adapting AI to existing hardware to designing hardware around AI’s unique computational demands. ChatGPT is a $1 billion/year productThe financial implications of OpenAI’s technologies, particularly ChatGPT, are staggering.

Source: Forbes January 05, 2024 02:34 UTC