Nvidia (NVDA) is making a 12-digit investment into OpenAI. The market leader will use $100 billion to help OpenAI build at least 10 gigawatts worth of data centers for the ChatGPT parent company with deployments starting next year. Marley Kayden notes that the massive investment shows confidence in the A.I. story but adds it will take a long time for the data center buildout to shape up. Volatility against the A.I. narrative can create speed bumps on the road to those deployments.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter – https://schwabnetwork.com/subscribe
Download the iOS app – https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App – https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling – https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio – https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV – https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn – https://www.linkedin.com/company/schwab-network/
About Schwab Network – https://schwabnetwork.com/about
#nvidia #openai #datacenter #economy #finance #investing #marketnews #stockmarket #stock #trading #live #schwabnetwork #nvda #artificialintelligence #ai #deal #investment
source
