Nvidia made waves earlier this year when it announced a $100 billion investment in OpenAI, which will use 10 gigawatts worth of the company's systems. But its quarterly filing underscores that announcing something doesn't guarantee it will actually happen.

Nvidia’s newly announced strategic partnership with OpenAI has not been finalized. “There is no assurance that we will enter into definitive agreements with respect to the OpenAI opportunity or other potential investments,

SoftBank unloaded $5.8 billion in Nvidia shares as part of a broader $40 billion bet on OpenAI, fueling fears of an AI bubble.

Japanese technology giant SoftBank says it has sold its stake in Nvidia, raising $5.8 billion to pour into other investments.

Nvidia's quarterly earnings surpassed expectations due to high demand for its AI chips, resulting in a record-high revenue of $57 billion.

The company, which makes the computer chips essential to the artificial intelligence boom, also said revenue in its recent quarter rose to $57 billion.

As part of the partnership, Microsoft will invest up to $5 billion in Anthropic and Nvidia will invest up to $10 billion.

Microsoft and Nvidia are planning to invest up to $15 billion in total in Anthropic, in the latest AI-driven tie-up that also includes a $30 billion commitment by the Claude maker to use Microsoft's cloud services.