Nvidia is close to finalizing a $30 billion investment in OpenAI, replacing an earlier plan for a massive $100 billion multi-year partnership. 

According to Financial Times, the deal would be part of OpenAI’s latest funding round, which could value the company at roughly $830 billion. OpenAI is expected to reinvest much of that capital into AI infrastructure, including Nvidia’s GPUs.

The shift from a $100 billion commitment to a smaller $30 billion equity investment changes the financial risk profile. 

Instead of funding massive…