Jaden Schaefer

So

They're not telling the public what the conditions are.

If that's AGI, if that's an IPO, that's still, you know, kind of confidential.

There's a whole bunch of details on the NVIDIA partnership, and those are much more limited.

But I think opening, I said that they've committed about three gigawatts of dedicated inference capacity and two gigawatts of training on NVIDIA's Vera Rubin systems.

So NVIDIA's participation in this, I think this is something that a lot of people have been speculating about.

There were some early reports of a potential $100 billion commitment.

This obviously has been revised downwards, right?

And not to say that maybe they won't put more in the future, but that was kind of the headline was going to be $100 billion.

And now it's somewhere closer to $100 billion.

$30 billion.

And, you know, a lot of people have kind of asked Jensen Huang why that happened.

In January, he pushed back on a bunch of rumors, talking about how NVIDIA was going to invest really heavily in OpenAI's work specifically versus just like some of the other competitors.

So

I think a lot of the funding announcements are happening at the same time that they're announcing some big milestones.

And this typically is something that happens when you see companies go and raise money.

They'll hit the milestones or they'll be close to hitting the milestones, but go and kind of announce that to investors.

Look, we're about to hit XYZ target or

maybe they've hit it and then once they raise the money from the investors and they make a big you know public announcement in this particular case chatgpt has now reached 900 million weekly active users they're closing in on a billion not monthly but weekly active users this is up from 800 million in october so they've been able to grow another million since october um and i think they're i mean they're getting really close to this this billion dollar mark openai also reported that they have 50 million paying subscribers

They said subscriber momentum accelerated meaningfully to start the year.