Nvidia Part III: The Dawn of the AI Era (2022-2023)

2816.141 - 2842.303 David Rosenthal

Yep, so 2019, they do the conversion to a for-profit company. Microsoft invests a billion dollars, as you say, and becomes the exclusive cloud provider for OpenAI, which is going to become highly relevant here for NVIDIA. More on that in a minute. June of 2020, GPT-3 comes out. In September of 2020, Microsoft licenses exclusive commercial use of the underlying model for Microsoft products.