Resolution criteria

Nvidia will participate in OpenAI's latest funding round, with the investment amount to be determined by official announcements from either Nvidia or OpenAI. Resolution will be based on the total dollar amount Nvidia commits to invest in OpenAI's next funding round after the current market creation date, as disclosed in press releases, SEC filings, or official company statements. The market resolves to the specific investment amount in billions of dollars.

Background

In September, Nvidia signed a letter of intent to invest as much as $100 billion in OpenAI to support new data centers and other artificial intelligence infrastructure. However, Nvidia CEO Jensen Huang stated the $100 billion investment was "never a commitment". OpenAI is seeking to raise as much as $100 billion in its current funding round, with Amazon in talks to invest as much as $50 billion. Huang described Nvidia's participation as potentially "the largest investment we've ever made", though he clarified the contribution to OpenAI's latest funding round wouldn't approach $100 billion.

Considerations

Nvidia's investment commitment to OpenAI has stoked concerns about the circular nature of AI deals, with investors questioning how partnerships in which tech companies invest in AI businesses that purchase their products may be artificially propping up demand.

This description was generated by AI.