NVIDIA is finalizing a $30 billion investment in OpenAI, according to the Financial Times.
The capital is part of a larger $100 billion funding round for the AI research and deployment company.
The deal establishes a post-investment valuation of $830 billion for OpenAI.
This figure marks a reduction from a $100 billion commitment previously pledged.
The original commitment targeted 2025.
OpenAI will reportedly reinvest a significant portion of the capital into NVIDIA hardware.
The parties may finalize the agreement as early as this weekend.
The scaled-back investment follows investor concerns regarding the AI sector's cash-burn rate.
This deal solidifies the strategic partnership between the two companies.