Nvidia CEO Jensen Huang says company's investments in OpenAI and Anthropic will likely be its last

Summary

Nvidia CEO Jensen Huang announced at a Morgan Stanley conference that the company's recent investments in OpenAI and Anthropic will likely be its last in both companies. Huang explained that once these AI firms go public later this year, the opportunity to invest will close. However, the article suggests Huang's explanation may not tell the whole story, noting that while companies sometimes invest until just before IPOs for upside potential, Nvidia is already making substantial profits selling chips to these AI companies and doesn't need additional returns from further investments.