NVIDIA to Make "Significant" Investment in AI Startup Thinking Machines

Odaily News NVIDIA (NVDA.O) is making a new round of investment in artificial intelligence company Thinking Machines Lab and providing chips to help train and run the startup's AI models. The company was founded by former OpenAI executive Mira Murati. In a statement on Tuesday, Thinking Machines said that under a multi-year agreement, the company will use NVIDIA's upcoming Vera Rubin AI accelerators. These chips are expected to be deployed early next year, providing Thinking Machines with computing power equivalent to at least 1 gigawatt. NVIDIA did not disclose the specific terms of the deal or whether the investment will be made in cash, chips, or a combination of both. The two companies only described it as a "significant" investment. (Jin10)