Odaily News Jen-Hsun Huang, the CEO of Nvidia, confirmed that Nvidia has invested in the startup xAI founded by Elon Musk. Jen-Hsun Huang expressed great excitement about the ongoing financing situation of xAI, while admitting that he hopes to be involved in almost all areas Musk ventures into. Regarding another AI giant, OpenAI, he mentioned that the deal Nvidia reached with OpenAI will help the startup prepare to become “a self-hosted, large-scale data center operator,” but he himself was not aware of the deal between OpenAI and AMD before it was publicly announced. Additionally, Jen-Hsun Huang candidly expressed regret for not investing in OpenAI earlier, while noting that OpenAI's revenue is experiencing exponential growth. When asked how OpenAI would fund its deal with Nvidia, he responded that OpenAI “currently has no money” and will later raise funds through revenue as well as equity or debt financing. (Jin10)
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