Nvidia (NVDA) CEO Jensen Huang suggested that the artificial intelligence giant’s multibillion-dollar investments in OpenAI (OPAI.PVT) and Anthropic (ANTH.PVT) could be its last for a while, as he anticipates those startups going public.
At an industry conference on Wednesday, Huang hinted that the investments were finalized, saying Nvidia would invest $30 billion in OpenAI and that investing the full $100 billion was “probably not in the cards.”
Huang’s statement on the company’s investments comes as investors continue to assess the fallout from OpenAI’s partnership with the Pentagon, which emerged just as Anthropic’s deal with the Defense Department fell apart.
Earlier this week, OpenAI CEO Sam Altman shared amended contract language outlining that the startup remains committed to AI guardrails, though not before many of its users uninstalled its ChatGPT app. At the same time, Anthropic’s Claude became the most downloaded free app on both Apple’s App Store and Google’s Play Store.
Meanwhile, Apple’s (AAPL) three-day product release schedule continued, with the debut of a new low-cost MacBook Neo computer.
The $599 MacBook Neo has the same price point as Apple’s new entry-level smartphone, the iPhone 17e, which the company announced on Monday. Other product announcements included two new iPad Airs and new MacBook Air and MacBook Pro laptops with more powerful M5 chips.
