Nvidia plans to invest in OpenAI in stages without obtaining controlling rights

Jinse Finance reported, citing sources, that Nvidia (NVDA.O) is making phased equity investments in OpenAI. According to the phased investment plan, Nvidia will invest 10% when the first gigawatt-level computing power is deployed. Nvidia's equity investment in OpenAI does not grant it control; OpenAI's nonprofit parent company will retain the majority of governance control.