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Nvidia CEO Jensen Huang said Saturday that a recent report of friction between his company and OpenAI was \u201cnonsense.\u201d<\/p>\n
Huang\u2019s 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 announced a plan in September in which Nvidia would invest up to $100 billion in OpenAI and also build 10 gigawatts of computing infrastructure for the AI company.<\/p>\n
However, the WSJ said Huang has begun emphasizing that the deal is nonbinding, and that he\u2019s also privately criticized OpenAI\u2019s business strategy and expressed concerns about competitors like Anthropic and Google.<\/p>\n
The WSJ also reported that the two companies are rethinking their relationship \u2014 though that doesn\u2019t mean cutting things off entirely, with recent discussions reportedly focusing on an equity investment of a mere tens of billions of dollars from Nvidia.<\/p>\n
An OpenAI spokesperson told the WSJ that the companies are \u201cactively working through the details of our partnership,\u201d adding that Nvidia \u201chas underpinned our breakthroughs from the start, powers our systems today, and will remain central as we scale what comes next.\u201d<\/p>\n
According to Bloomberg, reporters asked Huang about the report during a visit to Taipei. In response, he insisted that Nvidia will \u201cdefinitely participate\u201d in OpenAI\u2019s latest funding round \u201cbecause it\u2019s such a good investment,\u201d according to Bloomberg.\u00a0<\/p>\n
\u201cWe will invest a great deal of money,\u201d Huang said. \u201cI believe in OpenAI. The work that they do is incredible. They\u2019re one of the most consequential companies of our time.\u201d<\/p>\n
Techcrunch event<\/p>\n
\n\t\t\t\t\t\t\t\t\tBoston, MA<\/span> He apparently declined to specify how much Nvidia would be investing, instead saying, \u201cLet [OpenAI CEO Sam Altman] announce how much he\u2019s going to raise \u2014 it\u2019s for him to decide.\u201d<\/p>\n The WSJ reported in December that OpenAI is looking to raise a $100 billion funding round, while The New York Times said this week that Nvidia, Amazon, Microsoft, and SoftBank are all discussing potential investments.<\/p>\n<\/div>\n
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\n\t\t\t\t\t\t\t\t\t\t\t\t\tJune 23, 2026<\/span>\n\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n