Nvidia Corp. is planning a significant investment in OpenAI's latest funding round, potentially the largest investment the company has ever made, according to Nvidia CEO Jensen Huang. Huang, speaking to reporters in Taipei on Saturday, described OpenAI as "one of the most consequential companies of our time" and expressed strong belief in their work. "We will invest a great deal of money," Huang said, adding, "I believe in OpenAI."
While Huang did not specify the exact amount Nvidia intends to contribute, he characterized the investment as "huge." He deferred to OpenAI CEO Sam Altman to announce the total amount being raised, stating, "Let Sam announce how much he's going to raise – it's for him to decide." Huang added that Altman is currently in the process of closing the funding round.
This potential investment comes as Tesla CEO Elon Musk has predicted that AI and automation will lead to a future where work is optional. At the World Economic Forum in Davos, Switzerland, Musk stated that robotics and AI are "really the path to abundance for all," envisioning a future where robots provide healthcare and other services.
In other news, the release of U.S. government files related to Jeffrey Epstein has led to the resignation of a top official in Slovakia. Miroslav Lajcak, who previously served as president of the U.N. General Assembly, resigned after photos and emails revealed meetings with Epstein. According to Fortune, Lajcak was not accused of wrongdoing. Meanwhile, in Britain, the release of the Epstein files has renewed calls for a former prince to cooperate with U.S. authorities regarding Epstein's connections to powerful individuals.
Also, a recent Super Bowl ad by telehealth startup Hims and Hers has sparked discussion about healthcare disparities. The ad, titled "Rich people live longer" and narrated by rapper Common, highlights what it calls the "uncomfortable truth" about elite healthcare access for the wealthy and a "broken" system for others, according to Fortune.
Finally, in Houston, the recent U.S. intervention in Venezuela continues to divide the community. According to NPR, the raid to apprehend Nicolás Maduro has had a significant impact on the city, which is home to major petroleum companies and a large Venezuelan population. Some fear the consequences of U.S. intervention, while others see it as a positive step.
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