Nvidia CEO Jensen Huang Affirms Commitment to Significant Investment in OpenAI
Nvidia CEO Jensen Huang denies dissatisfaction with OpenAI and confirms plans for a substantial investment in the company.
Nvidia CEO Jensen Huang has confirmed plans for a substantial investment in OpenAI, dismissing reports of dissatisfaction with the ChatGPT creator. Speaking to reporters in Taipei, Huang described claims of his unhappiness as "nonsense" and emphasized his belief in OpenAI's work, calling it "incredible" and highlighting the company's significance in the current era.
In September 2025, Nvidia announced a memorandum of understanding to invest up to $100 billion in OpenAI, aiming to provide the AI firm with the necessary resources to acquire advanced chips essential for maintaining its competitive edge. However, recent reports suggested that the deal had stalled due to internal doubts within Nvidia.
Addressing these concerns, Huang stated, "We are going to make a huge investment in OpenAI. I believe in OpenAI, the work that they do is incredible, they are one of the most consequential companies of our time and I really love working with Sam," referring to OpenAI CEO Sam Altman. He added that Nvidia's forthcoming investment would likely be the company's largest to date.
When questioned about the investment amount exceeding $100 billion, Huang clarified, "No, no, nothing like that." He noted that the final investment figure would depend on Altman's fundraising goals.
This development comes amid reports that Amazon is in discussions to invest billions in OpenAI, with potential figures reaching up to $50 billion. OpenAI is reportedly seeking to raise up to $100 billion in funding, valuing the company at approximately $830 billion.
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