tech
January 31, 2026
Nvidia CEO pushes back against report that his company's $100B OpenAI investment has stalled
Nvidia CEO Jensen Huang said that a recent report of friction between his company and OpenAI was “nonsense.”
TL;DR
- Nvidia CEO Jensen Huang denied reports of friction with OpenAI.
- A Wall Street Journal report claimed Nvidia was considering scaling back its investment in OpenAI.
- Huang stated Nvidia will 'definitely participate' in OpenAI's latest funding round.
- He described OpenAI as an 'incredible' and 'consequential' company.
- Huang mentioned Nvidia would invest 'a great deal of money' but deferred specific amounts to OpenAI CEO Sam Altman.
- Nvidia and OpenAI had previously announced a plan for Nvidia to invest up to $100 billion and build 10 gigawatts of computing infrastructure for OpenAI.
- Recent reports suggest discussions about an equity investment of tens of billions of dollars.
- OpenAI is reportedly seeking a $100 billion funding round, with potential investments from Nvidia, Amazon, Microsoft, and SoftBank.