Two months after Nvidia and OpenAI unveiled their eyepopping plan to deploy at least 10 gigawatts of Nvidia systems—and up to $100 billion in investments—the chipmaker now admits the deal isn’t actually final.

Nvidia made waves earlier this year when it announced a $100 billion investment in OpenAI, which will use 10 gigawatts worth of the company's systems. But its quarterly filing underscores that announcing something doesn't guarantee it will actually happen.

Challenges to OpenAI’s $500 billion valuation are starting to pile up. New investors may be cutting that valuation before they invest.

Nvidia has arguably been the most apparent AI winner thus far. Its GPU chips have become the de facto choice for AI hyperscalers training and operating AI models, a Golden Goose that has generated $187 billion in revenue over the past four quarters alone.

The companies said the deal will broaden enterprise model choice as the hyperscaler rolls out a series of agentic AI updates across its portfolio.

Nvidia has invested $2 billion in chip design software maker Synopsys as part of an expanded multi-year tie-up to jointly develop new tools for designing products across industries using its AI technology.

OpenAI CEO Sam Altman has issued a "code red" alert to employees to improve ChatGPT, according to The Wall Street Journal

SoftBank Group’s billionaire chief Masayoshi Son finally broke his silence Monday about his company’s decision to dump its entire holdings in Nvidia, the world’s top chipmaker. Speaking at a business conference in Tokyo,