Nvidia and OpenAI abandon unfinished $100B deal in favour of $30B investment
Summary
The Financial Times reports that Nvidia and OpenAI have walked away from a potential deal valued around $100 billion, opting instead for a roughly $30 billion investment. The move signals a strategic shift in how they plan to align capabilities and funding for AI development. The article discusses implications for the AI hardware ecosystem, potential effects on partnerships, and what this means for enterprise AI adoption and investor sentiment.