Dispelling rumors! NVIDIA Corporation (NVDA.US) plans to invest $30 billion in OpenAI, with a pre-investment valuation of $73 billion.

According to reports, NVIDIA Corporation (NVDA.US) is in deep negotiations with OpenAI, planning to invest up to $30 billion as part of a new round of financing in this AI startup company. After this round of financing is completed, OpenAI's pre-investment valuation is expected to reach $730 billion. An insider revealed that this investment is unrelated to the $100 billion infrastructure cooperation agreement announced by both parties in September last year. The source stated that the $30 billion investment does not come with any deployment conditions. The statement made in September last year shook the tech industry and triggered a series of infrastructure transactions. The statement outlined a structure: as NVIDIA Corporation's new supercomputing facilities come online, it will invest in OpenAI over the next few years. At that time, sources claimed that NVIDIA Corporation's first $10 billion investment would come in place when their first gigawatt project is completed. The insider added that NVIDIA Corporation's $30 billion investment plan this time is different from the September plan, but the company is still likely to participate in subsequent investment rounds under the original framework. However, the deal has not been finalized yet, and specific details may still change. NVIDIA Corporation declined to comment on this. In recent months, speculation has arisen about the status of the $100 billion infrastructure agreement between OpenAI and NVIDIA Corporation, particularly after reports in January suggested that the deal had been "put on hold." NVIDIA Corporation stated in their quarterly report in November last year, "We cannot guarantee that we will be able to reach a final agreement on the opportunity to cooperate with OpenAI or other potential investments." OpenAI CEO Sam Altman tried to downplay concerns from the outside world, writing on the X platform that the company loves working with NVIDIA Corporation and saying he doesn't understand where these rumors come from. NVIDIA Corporation CEO Jensen Huang also mentioned the issue earlier this month in an interview, stating that NVIDIA Corporation will "without a doubt" participate in the next round of financing for OpenAI. Meanwhile, OpenAI is also in talks with other potential investors for financing. According to previous reports, the total amount of this round of financing could reach around $100 billion. The negotiations have accelerated in recent weeks, but have not been finalized yet. According to earlier reports, the financing for this startup company may be completed in two batches: first, with investments from strategic investors such as Amazon.com, Inc. (AMZN.US), Microsoft Corporation (MSFT.US), and NVIDIA Corporation, and then involving more and wider range of investors.