Microsoft-backed (MSFT) OpenAI and Nvidia (NVDA) are in talks over an unusual way to structure their new AI data center partnership, under which the ChatGPT maker would lease Nvidia’s AI chips rather than purchase them, The Information’s Anissa Gardizy and Sri Muppidi report, citing two people who spoke to executives at the companies about it.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MSFT:
- Microsoft (MSFT) Delivers Stock Catalyst via $17.4B NBIS Deal
- A Behind-the-Scenes Look at Nvidia (NVDA) and OpenAI’s $100B Deal
- AI Daily: Microsoft announces new cooling system for AI chips
- Costco appears to remove Xbox section from U.S., U.K. websites, TheGamer says
- Video: This Microsoft news is sending Vertiv lower