India, Feb. 12 -- Nvidia reportedly neared a deal on Feb. 4 to invest $20 billion in OpenAI round.

OpenAI Alliance: Partners, roles, and strategic leverage

Nvidia's reported intention to invest up to $20 billion in OpenAI introduces a new financial dimension to an ecosystem that was already defined by extreme capital intensity. Bloomberg has reported that OpenAI is pursuing a financing round that could value the company at approximately $830 billion, with Nvidia potentially making its largest investment to date.

This does not alter OpenAI's revenue model, but it does alter the durability and the timing of the infrastructure commitments required to sustain OpenAI's scale.

OpenAI's growth has been driven by rapid increases in compute de...