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Chipmaker Nvidia to invest up to $100 billion in OpenAI

OpenAI, the creator of ChatGPT, is securing up to $100 billion in investment from Nvidia. This funding will significantly expand OpenAI's data center infrastructure, powering ChatGPT's 700 million weekly users and requiring 10 gigawatts of power. The investment reflects a bet on improving AI product capabilities and financial returns. The announcement boosted Nvidia's stock price and contributed to broader market gains, despite economic slowdown concerns.

Prepared by Christopher Adams and reviewed by editorial team.

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