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OpenAI makes flurry of deals in drive towards for-profit model — AI giant teams up with Nvidia, Luxshare, Apple, and more

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Following its joint announcements of major UK investments last week, ChatGPT-maker OpenAI has kicked off this one with a slew of new deals to enhance its own capabilities and increase its valuation ahead of a potential IPO. The company struck a deal for Nvidia hardware worth upwards of $100 billion, a deal with Chinese firm Luxsure to begin building consumer AI devices, and there are several negotiations said to be ongoing with other Chinese Apple suppliers, according to CNBC.

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