Nvidia CEO calls reports of stalled $100 billion OpenAI investment 'nonsense,' pledges major funding
21 Sources
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Nvidia CEO pushes back against report that his company's $100B OpenAI investment has stalled | TechCrunch
Nvidia CEO Jensen Huang said Saturday that a recent report of friction between his company and OpenAI was "nonsense." Huang's comments came after The Wall Street Journal published a story late Friday claiming that Nvidia was looking to scale back its investment in OpenAI. The two companies
[2]
Nvidia CEO: We'll Make Our 'Largest Ever Investment' in OpenAI
Nvidia is likely set to make its "largest ever investment" in ChatGPT firm OpenAI, despite reports that the deal may be under threat in recent weeks. The chip giant's CEO, Jensen Huang, didn't say exactly how big the investment would be, but said it would be "nothing like" the $100 billion figure
[3]
Nvidia's plan to invest $100 billion in OpenAI appears unlikely -- Jensen reportedly criticizing OpenAI's business decisions in private discussions
Nvidia is having second thoughts about its planned deal with OpenAI. Nvidia and OpenAI inked a memorandum of understanding (MOU) in September 2025, signaling the former's intent to build data centers capable of delivering 10 gigawatts of compute power for the latter to lease, and to invest $100
[4]
Nvidia Pauses Plan to Invest $100 Billion in OpenAI, WSJ Says
The two sides are now rethinking the partnership, with one scenario being that Nvidia may invest tens of billions of dollars as part of OpenAI's current funding round. Nvidia Corp.'s negotiations to invest as much as $100 billion in OpenAI have broken down, the Wall Street Journal
[5]
Nvidia's plan to invest up to $100 billion in OpenAI has stalled, WSJ reports
Jan 30 (Reuters) - Nvidia's (NVDA.O), opens new tab plan to invest up to $100 billion in OpenAI to help it train and run its latest artificial-intelligence models has stalled after some inside the chip giant expressed doubts about the deal, the Wall Street Journal reported on Friday. The chipmaker
[6]
Nvidia's Jensen Huang denies OpenAI deal rumors: 'There's no drama'
President and CEO of NVIDIA, Jensen Huang, attends the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 21, 2026. Nvidia CEO Jensen Huang said the chipmaker's plan to invest in OpenAI remains "on track" after recent reports suggested brewing tension between the two
[7]
NVIDIA is still planning to make a 'huge' investment in OpenAI, CEO says
NVIDIA CEO Jensen Huang told reporters that the company will "invest a great deal of money" in OpenAI's latest funding round, according to Bloomberg, after The Wall Street Journal on Friday reported that the two companies were rethinking a previous $100 billion deal that hasn't "progressed beyond
[8]
Pledge to invest $100 billion in OpenAI was 'never a commitment,' says Nvidia's Huang | Fortune
"It was never a commitment," Huang told reporters in Taipei on Sunday. "They invited us to invest up to $100 billion and of course, we were, we were very happy and honored that they invited us, but we will invest one step at a time." As part of a letter of intent signed in September, Nvidia said
[9]
Nvidia boss insists 'huge' investment in OpenAI on track
Taipei (AFP) - Nvidia chief executive Jensen Huang has insisted the US tech giant will make a "huge" investment in OpenAI and dismissed as "nonsense" reports that he is unhappy with the generative AI star. Huang made the remarks late Saturday in Taipei after the Wall Street Journal reported that
[10]
Nvidia Is Wavering on Its $100B OpenAI Deal, and the Timing Couldn't Be Worse for Sam Altman
Inside the $100 Billion Proposal Nvidia outlined plans to build at least 10 gigawatts of computing power for OpenAI, marking what Nvidia CEO Jensen Huang described as "the largest computing project in history," the WSJ reported. To bankroll the effort, Nvidia agreed to invest up to $100 billion in
[11]
Nvidia boss insists 'huge' investment in OpenAI on track
Nvidia chief executive Jensen Huang has insisted the US tech giant will make a "huge" investment in OpenAI and dismissed as "nonsense" reports that he is unhappy with the generative AI star. We are going to make a huge investment in OpenAI," Huang told journalists, when asked about reports that he
[12]
Nvidia CEO Might Reset Expectation For $100 Billion OpenAI Deal - NVIDIA (NASDAQ:NVDA)
Nvidia Corp's (NASDAQ:NVDA) stock slipped in on Monday after a Friday report said the chipmaker's plans to invest up to $100 billion in OpenAI have stalled. OpenAI Investment Plans Face Uncertainty The Wall Street Journal on Friday reported, citing people familiar with the matter, that
[13]
NVIDIA's $100 Billion Mega-Deal With OpenAI Is in Danger as Jensen Believes the Company Has Grown 'Sloppy' While Rivals Surge Ahead
NVIDIA's deal with OpenAI was known to be one of the largest commitments to the AI lab; however, an agreement still hasn't been reached, and Jensen is now a bit skeptical. NVIDIA had committed to the OpenAI deal a few months ago, and Team Green announced to supply "multi-GW" of compute power in a
[14]
Nvidia CEO Huang denies he is unhappy with OpenAI, says 'huge' investment planned
Nvidia CEO Jensen Huang holds a switch for the Nvidia Vera Rubin NVL72 AI supercomputer during a Nvidia keynote address at CES 2026, an annual consumer electronics trade show, in Las Vegas, Nevada, US January 5, 2026. Nvidia plans to make a "huge" investment into OpenAI, probably its largest ever,
[15]
Nvidia's plan to invest up to $100 billion in OpenAI has stalled, WSJ reports - The Economic Times
Nvidia's plan to invest up to $100 billion in OpenAI to help it train and run its latest artificial-intelligence models has stalled after some inside the chip giant expressed doubts about the deal, the Wall Street Journal reported on Friday. The chipmaker in September announced plans to invest up
[16]
Nvidia's CEO says $100B pledge for OpenAI was 'never a commitment'
Nvidia's (NVDA) CEO Jensen Huang said the company's proposed $100B investment in OpenAI was "never a commitment" and that the AI chipmaker would consider any funding rounds "one at a time," Bloomberg News reported. "It was never a commitment," said Huang Nvidia's CEO stated the $100B investment
[17]
Nvidia Poised To Make Record Investment In OpenAI's Current Funding Round - Amazon.com (NASDAQ:AMZN), NVIDIA (NASDAQ:NVDA)
Nvidia Corp. (NASDAQ:NVDA) is preparing to make a substantial investment in OpenAI's ongoing funding round, as confirmed by CEO Jensen Huang. This could potentially be the largest investment ever made by the company. Huang confirmed Nvidia's participation in the funding round, although the exact
[18]
Nvidia's $100 Billion OpenAI Investment Plan Reportedly Hits Snag Amid Internal Concerns - Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG)
An ambitious plan by Nvidia Corp (NASDAQ:NVDA) to invest as much as $100 billion in OpenAI has reportedly stalled as internal doubts emerge. Nvidia Rethinks Landmark OpenAI Deal Nvidia's proposed investment in OpenAI has hit a roadblock after executives inside the chip giant raised concerns about
[19]
Nvidia Stock Dips as Huang Walks Back Fears of a $100B OpenAI Bet | Investing.com UK
NVIDIA Corporation (NASDAQ:NVDA) stock edged lower in premarket trading on February 2, 2026, following clarifying statements from CEO Jensen Huang regarding the company's proposed investment in OpenAI. Speaking to reporters in Taipei, Huang emphasized that the previously announced $100 billion
[20]
Nvidia's shares weakened by doubts over its partnership with OpenAI
Nvidia shares were down nearly 1% in premarket trading on Monday, amid growing uncertainty around its planned massive investment in OpenAI. First announced in September 2025, the commitment envisioned up to $100bn to develop computing infrastructure for the artificial intelligence start-up,
[21]
Nvidia's plan to invest up to $100 billion in OpenAI has stalled, WSJ reports
Jan 30 (Reuters) - Nvidia's plan to invest up to $100 billion in OpenAI to help it train and run its latest artificial-intelligence models has stalled after some inside the chip giant expressed doubts about the deal, the Wall Street Journal reported on Friday. Both companies are rethinking the
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Nvidia CEO Jensen Huang dismissed reports that the chip giant's planned $100 billion investment in OpenAI has stalled, calling such claims 'nonsense.' Despite Wall Street Journal reports of friction and concerns about OpenAI's business discipline, Huang confirmed Nvidia will make its 'largest ever investment' in the AI company, though the final amount remains unspecified.
Nvidia CEO Pushes Back Against Investment Concerns
Nvidia CEO Jensen Huang publicly rejected claims that the chip giant's planned investment in OpenAI has fallen apart, calling recent reports "nonsense" during a press conference in Taipei. The pushback came after The Wall Street Journal published a story suggesting that the Nvidia OpenAI investment—originally announced as a $100 billion deal in September 2025—had stalled amid internal concerns
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. Huang insisted that Nvidia will "definitely participate" in OpenAI's latest funding round, describing it as "such a good investment" and pledging what would be the company's largest ever equity investment in another firm2
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Source: ET
The Original $100 Billion Investment Plan
The two companies announced their partnership through a memorandum of understanding in September, signaling Nvidia's intent to build data centers capable of delivering 10 gigawatts of computing infrastructure for OpenAI to lease—equivalent to the peak electricity demand of New York City
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. The $100 billion investment was designed to support new AI infrastructure built with Nvidia components, cementing the relationship between the world's most valuable company and one of the artificial intelligence industry's most prominent players. However, sources told the Wall Street Journal that discussions have largely stalled since the initial agreement, with OpenAI hoping to seal the deal weeks after the announcement but facing delays3
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Source: Tom's Hardware
Reports of Friction and Business Concerns
According to the Wall Street Journal, Jensen Huang has privately emphasized to industry associates that the original agreement was non-binding and subject to change
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. The publication also reported that Huang has privately criticized what he described as a lack of discipline in OpenAI's business approach and expressed concerns about competition from rivals like Anthropic and Google3
. These concerns come as OpenAI faces mounting pressure, with CEO Sam Altman reportedly sending employees a company-wide memo in December to pause work on other activities and focus on enhancing ChatGPT's day-to-day experience after Google's Gemini 3 outperformed it in benchmarking tests2
.Rethinking the Nvidia Partnership
While the stalled investment raised questions about the future of the Nvidia partnership, both companies appear committed to maintaining their relationship. An OpenAI spokesperson told the Wall Street Journal that the companies are "actively working through the details of our partnership," noting that Nvidia "has underpinned our breakthroughs from the start, powers our systems today, and will remain central as we scale what comes next"
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. Recent discussions reportedly focus on an equity investment of tens of billions of dollars from Nvidia as part of OpenAI's current funding round, rather than the full $100 billion originally discussed4
. Huang declined to specify the exact investment amount, stating that it would be for Sam Altman to announce how much the AI company plans to raise1
.Related Stories
OpenAI's Broader Fundraising Efforts
OpenAI is looking to raise up to $100 billion in its current funding round, valuing the company at approximately $830 billion
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. Amazon is in talks to invest as much as $50 billion and expand an agreement involving selling computer power to the AI company, while Microsoft and SoftBank are also discussing potential investments1
. The fundraising comes as OpenAI seeks to soothe investor concerns about its future profitability ahead of a planned IPO, with one analyst predicting the company could run out of cash by mid-20273
.Strategic Importance for Both Companies
Despite reported tensions over OpenAI's business discipline, Huang's commitment reflects the strategic importance of the relationship for both firms. OpenAI remains one of Nvidia's largest customers, and while the chip giant has other major clients like Oracle and xAI, OpenAI's failure would significantly impact Nvidia's order book
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. This is particularly crucial given that competitors like Google use their own TPU chips, and Anthropic relies on a combination of Google's TPU and Amazon's Trainium AI chips rather than Nvidia hardware3
. The situation also highlights concerns about circular deals in the AI boom, where companies invest in businesses that purchase their products, though Huang has dismissed such criticism as "ridiculous," noting that investments represent a small portion of total capital requirements4
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Source: Bloomberg
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