Fast 700 Milliarden. Die bisher größte Einzelfinanzierung steht vor der Tür.

According to a report by Zhidongxi on February 4th, Bloomberg reported today that NVIDIA is approaching an investment agreement worth $20 billion (approximately 1.3875 trillion yuan) and will participate in the latest financing round of OpenAI. This would be the largest investment in NVIDIA's history.

OpenAI's overall goal for this financing round is $100 billion (approximately 6.9375 trillion yuan). In addition to NVIDIA, Amazon and the SoftBank Group are also in talks about a massive investment.

Amazon plans a maximum investment of $50 billion (approximately 3.46875 trillion yuan), while SoftBank is considering an investment of $30 billion (approximately 2.08125 trillion yuan).

Through this financing round, OpenAI's market value would rise to approximately $830 billion (approximately 57.5 trillion yuan).

While the public is making various speculations about the relationship between NVIDIA and OpenAI, Jensen Huang, the founder and CEO of NVIDIA, recently stated openly in Taipei, Taiwan, that NVIDIA will definitely participate in OpenAI's next financing round and that this "might be the largest investment in our history".

Currently, the agreement is not yet finalized, and the terms could still change. Both OpenAI and NVIDIA declined to comment.

01 OpenAI Seeks $100 Billion, NVIDIA Plans Its Largest Investment Ever

The new financing round that OpenAI is seeking has developed into the largest financing action in the history of the AI industry. This huge financing has attracted the active participation of many global technology giants such as Amazon, SoftBank, and NVIDIA.

Amazon has mentioned a maximum investment of $50 billion (approximately 3.46875 trillion yuan), and SoftBank is also in talks about a maximum investment of $30 billion (approximately 2.08125 trillion yuan).

According to sources familiar with the matter, the investment agreement between NVIDIA and OpenAI is almost finalized and is currently in the final stage.

If the investment is finally made, this would be NVIDIA's largest single investment to date and represent a further deep involvement in the software ecosystem outside of AI chips.

02 The Huge Transaction Is Not Yet Completed, NVIDIA and OpenAI Comment for Clarification

Although NVIDIA and OpenAI have long been regarded as important partners in the AI ecosystem, the relationship between the two has recently attracted more public attention.

The Wall Street Journal reported last week that NVIDIA proposed an investment plan in September last year that could total up to $100 billion (approximately 6.9375 trillion yuan). Due to concerns within NVIDIA, the plan has stagnated for the time being, and the negotiations on the transaction, originally planned to be completed within a few weeks, have now dragged on for months.

Jensen Huang, the founder and CEO of NVIDIA, made it clear during his visit to Taipei, Taiwan, last Saturday: "We will definitely participate in OpenAI's next financing round because it is a very good investment."

He further announced that this investment "might be the largest investment in our history". At the same time, Jensen Huang denied the public's statements about his dissatisfaction with OpenAI.

Previously, Bloomberg reported that OpenAI was not entirely satisfied with some of NVIDIA's latest AI chips and had been looking for alternatives since last year. This is also considered a factor that could make the relationship between the two even more complex.

After the publication of the above report, Sam Altman, the CEO of OpenAI, publicly stated that NVIDIA produces the "best AI chips in the world" and that OpenAI "wants to remain a super - large customer of NVIDIA for a long time".

As long as the transaction is not yet finally signed and the terms can still change, the statements of the leaders of both sides are regarded as an important signal to stabilize the cooperation expectations, especially considering the high public attention.

03 Conclusion: The Bond between Chips and Models Could Go Beyond Pure Computing Power Transactions

If NVIDIA finally invests $2 billion in OpenAI, it would mean that the bond between the AI infrastructure and the leading model developer will become even closer. Given the trend of the integration of chips, models, and platform ecosystems, capital flows are increasingly concentrating on a few super - players.

This potentially record - breaking investment also sends a signal: The capital intensity required for the large - scale implementation of AI will far exceed that of the traditional Internet era. The future relationship between model companies and chip companies could develop from a "customer - supplier relationship" to a deep - binding model of "joint venture and co - construction".

This article is from the WeChat account "Zhidongxi" (ID: zhidxcom), author: Jiang Yu Jiang Yu. Published by 36Kr with permission.