Nvidia CEO Jensen Huang Refutes Claims of Stalled $100 Billion Investment in OpenAI
Nvidia’s Chief Executive Officer, Jensen Huang, has firmly dismissed recent reports suggesting that the company’s substantial $100 billion investment in OpenAI is facing obstacles. These reports, originating from The Wall Street Journal, alleged that Nvidia is reconsidering its commitment to OpenAI, emphasizing the nonbinding nature of the agreement and expressing concerns over OpenAI’s business strategies and emerging competitors like Anthropic and Google.
In September 2025, Nvidia and OpenAI announced a strategic partnership involving a potential investment of up to $100 billion from Nvidia. This collaboration aimed to develop 10 gigawatts of computing infrastructure to support OpenAI’s advanced artificial intelligence initiatives. The partnership was seen as a significant step in bolstering OpenAI’s capabilities and reducing its reliance on other tech giants.
Addressing these claims during a visit to Taipei, Huang labeled the reports as nonsense and reaffirmed Nvidia’s unwavering support for OpenAI. He stated, We will invest a great deal of money. I believe in OpenAI. The work that they do is incredible. They’re one of the most consequential companies of our time. Huang emphasized that Nvidia is committed to participating in OpenAI’s latest funding round, underscoring the value and potential he sees in the partnership.
An OpenAI spokesperson echoed this sentiment, noting that both companies are actively working through the details of our partnership. They highlighted Nvidia’s pivotal role in OpenAI’s past and present breakthroughs and expressed confidence in the continued collaboration as they scale future projects.
The Wall Street Journal had previously reported that OpenAI is seeking to raise a $100 billion funding round, with potential contributions from major players like Nvidia, Amazon, Microsoft, and SoftBank. This ambitious fundraising effort aims to propel OpenAI’s valuation to approximately $830 billion, reflecting the growing importance and investment in artificial intelligence technologies.
In related developments, Amazon is reportedly in discussions to invest $50 billion in OpenAI. Amazon’s CEO, Andy Jassy, is leading these negotiations, signaling the tech giant’s interest in strengthening its position in the AI sector. This move is particularly noteworthy given Amazon’s existing investments in Anthropic, an OpenAI competitor, highlighting the dynamic and competitive nature of the AI industry.
Nvidia’s commitment to OpenAI is part of a broader trend of significant investments in AI infrastructure. For instance, in March 2025, TSMC pledged to invest at least $100 billion in U.S. chip manufacturing facilities over the next four years, aiming to expand its network of semiconductor factories and support AI advancements. Similarly, SoftBank’s Masayoshi Son has been seeking $100 billion to establish a new AI chip venture, indicating the escalating investments and competition in the AI hardware sector.
Despite the competitive landscape and the emergence of new players, Huang remains optimistic about Nvidia’s position and the future of AI. He has previously stated that Nvidia’s AI chips are improving at a pace faster than Moore’s Law, underscoring the company’s commitment to innovation and leadership in the field. Huang also addressed concerns about competitors like DeepSeek, emphasizing that advancements in AI models, such as DeepSeek’s R1, are beneficial for the industry and will accelerate AI adoption rather than diminish the need for computational resources.
In conclusion, Nvidia’s CEO Jensen Huang has unequivocally refuted reports suggesting a stall in the company’s $100 billion investment in OpenAI. Both Nvidia and OpenAI have reaffirmed their commitment to their partnership, highlighting the strategic importance of their collaboration in advancing artificial intelligence technologies. As the AI industry continues to evolve rapidly, such partnerships and investments are crucial in driving innovation and maintaining competitive advantages.
