Nvidia will “certainly” be involved in funding OpenAI, but the investment will be “far from” what was anticipated, meaning not the rumored $100 billion, stated Huang. The Nvidia chief did not specify whether the amount would be greater or smaller.
The graphics card manufacturer, Nvidia, will “without a doubt” join OpenAI’s current funding round; however, the capital injected will be “significantly less” than initially foreseen. This update was provided by Nvidia’s Chief Executive Officer, Jensen Huang, as reported by Bloomberg.
He declined to disclose the precise magnitude of the investment. Furthermore, Huang offered no clarification on whether the final sum would be an upward or downward revision from prior expectations. Nevertheless, the head of Nvidia suggested that this particular investment “will likely be the largest in the company’s history.”
Previously, The Wall Street Journal (WSJ), citing sources familiar with the matter, reported that Nvidia’s endeavor to invest $100 billion into OpenAI had stalled after several of the tech firm’s employees voiced reservations about the proposed deal.
OpenAI and Nvidia had previously ratified a strategic alliance and investment accord, potentially valuing up to $100 billion, in September 2025. This arrangement was geared towards joint efforts in developing the necessary infrastructure for OpenAI to launch next-generation models and ultimately achieve “superintelligence.”
OpenAI had been anticipating the conclusion of these negotiations in the coming weeks, according to WSJ. However, sources indicated to the publication that discussions had barely progressed beyond their preliminary phase, and both parties are now reassessing the path for their collaboration. Sources told the WSJ that recent conversations focused on an equity investment amounting to tens of billions of dollars within the scope of OpenAI’s present funding initiative.
For his part, Huang has reportedly been privately communicating to industry peers over recent months that the envisioned tentative agreement for an investment of up to $100 billion was non-binding and had not been finalized legally.
Some WSJ sources indicated that Huang also privately criticized what he characterized as a lack of operational discipline within OpenAI’s business practices. The Nvidia CEO also expressed unease regarding potential rivalry from firms such as Google and Anthropic.
“Our teams are intensely focused on refining the specifics of our partnership. Nvidia’s technology has been foundational to our breakthroughs from the outset, powering our systems today, and it will remain central as we scale our future developments,” an OpenAI spokesperson told the newspaper.
An Nvidia representative stated that OpenAI has been a pivotal partner for their corporation throughout the last decade, and the firm anticipates continuing this collaboration.
OpenAI is reportedly preparing for a public listing by the close of 2026, as explained by the WSJ. To facilitate this, the company devoted the majority of the preceding year to securing substantial computational resources required to back its products and sustain future expansion. OpenAI also secured various other pacts with firms specializing in chip manufacturing and cloud services, which bolstered the broader market. Subsequently, however, investors grew skeptical regarding OpenAI’s capacity to meet the financial obligations of these agreements, leading to a sell-off of some associated equities.
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