Nvidia CEO Jensen Huang says the company is preparing to make a major investment in OpenAI and insists reports claiming he is unhappy with the ChatGPT maker are not true. Speaking in Taipei, Huang called the rumors “nonsense” and said Nvidia plans to join OpenAI’s current funding round with what could become Nvidia’s biggest investment ever, though not anywhere near $100 billion.
Huang Rejects Claims Nvidia Is Pulling Back
In September, Nvidia announced it could invest up to $100 billion in OpenAI. That possible deal would support OpenAI’s growth and help it secure advanced Nvidia chips needed to train and run next generation AI models.
But a Wall Street Journal report said the plan had stalled after internal concerns surfaced at Nvidia. The report also suggested Huang privately described the original $100 billion plan as non binding and not finalized.
Huang responded directly to these claims, saying it was wrong to suggest he had negative feelings toward OpenAI.
“We Will Absolutely Be Involved,” Huang Says
Huang said Nvidia will take part in OpenAI’s ongoing funding round. He praised OpenAI’s work and described it as one of the most important companies in the world today.
He also said he enjoys working with OpenAI CEO Sam Altman and confirmed Nvidia plans to invest heavily. Huang added that this could become Nvidia’s largest investment ever.
However, he made it clear the figure will not reach $100 billion. When asked directly, he said it would be nowhere near that amount and that Altman will announce the final fundraising target.
OpenAI Funding Race Heats Up as Big Tech Joins In
OpenAI is reportedly aiming to raise up to $100 billion, valuing the company at about $830 billion.
Other major companies are also looking to invest. Amazon is reportedly discussing an investment that could reach $50 billion, as tech giants and investors compete to strengthen their ties with OpenAI and gain an advantage in the AI market.
Huang Speaks in Taipei After Meeting Key Nvidia Suppliers
Huang made these comments in Taipei after hosting Nvidia’s major Taiwan based suppliers, including chip manufacturing leader TSMC. Local media referred to the gathering as the “trillion dollar dinner” because of the combined market value of the companies involved.
