Huang Says Big OpenAI Deal 'Not in the Cards,' Sees Rising Demand and Compute as Economic Backbone
At the Morgan Stanley Technology, Media and Telecom conference, Nvidia CEO Jensen Huang said a previously discussed $100 billion investment in OpenAI is not feasible, confirmed a completed $30 billion stake, and described demand for Nvidia products as having moved from "very high" to "even higher than that." Huang also indicated Nvidia's $10 billio…