Nvidia Invests $100 Billion in OpenAI, Driving Stock Market Records
In a groundbreaking move, Nvidia has announced a $100 billion investment in OpenAI, aiming to expand the computing power of the ChatGPT creator and support the deployment of one of the largest AI infrastructure projects in history, with plans for 10 gigawatts of NVIDIA systems. This partnership not only signifies a major transformation in the artificial intelligence landscape but also has had a substantial positive impact on the stock market. Following the announcement, stocks surged, with major indices like the Dow, S&P 500, and Nasdaq reaching record highs. Analysts note that Nvidia’s investment reflects the intensifying AI race and has successfully driven investor confidence, as Wall Street continues to rally amidst rising tech shares and positive momentum in the markets.
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