Nvidia CEO: We’ll Make Our ‘Largest Ever Investment’ in OpenAI

Nvidia CEO Dispels Rumors of Investment Setback

Nvidia CEO Jensen Huang has firmly rejected recent reports suggesting friction in his company's planned massive investment in OpenAI. Speaking to reporters in Taipei, Huang called the claims "nonsense," emphasizing Nvidia's strong belief in OpenAI's groundbreaking work. This comes after a Wall Street Journal article hinted at scaled-back commitments and private criticisms from Huang about OpenAI's strategy. Instead, Huang highlighted the deep partnership, noting that Nvidia remains a key supplier of chips to OpenAI as it ramps up computing power for advanced AI models.

The backdrop to this drama traces back to September, when Nvidia and OpenAI signed a letter of intent for a landmark deal. Under this agreement, Nvidia aims to support the deployment of at least 10 gigawatts of AI data centers powered by millions of Nvidia GPUs. This infrastructure push is designed to fuel OpenAI's next-generation models on the road to superintelligence. Huang made it clear that while the original up-to-$100 billion figure was never a firm commitment, Nvidia is gearing up for its largest-ever investment in the AI leader.

Details of the Strategic Partnership Emerge

At the heart of the partnership is a progressive investment tied to infrastructure rollout. Nvidia plans to pour funds into OpenAI as each gigawatt of computing capacity comes online, starting with the first phase in the second half of 2026 using the advanced Nvidia Vera Rubin platform. This collaboration builds on a decade-long relationship, from early supercomputers to the explosive success of ChatGPT. OpenAI leaders have praised Nvidia's role, stating that their systems have underpinned every major breakthrough.

Huang's enthusiasm was evident as he backed OpenAI CEO Sam Altman, who is spearheading a fundraising round potentially valuing the company above $800 billion. Nvidia will participate substantially, though Huang deferred specifics to Altman. This move aligns with Nvidia's broader strategy in AI, including a recent $2 billion infusion into cloud provider CoreWeave, another major buyer of its chips. OpenAI is also courting investors like Amazon and SoftBank, with whispers of a possible IPO later in 2026.

"I believe in OpenAI. The work that they do is incredible—they are one of the most consequential companies of our time, and I really love working with Sam. Sam is closing the round, and we will absolutely be involved. We will invest a great deal of money, probably the largest investment we’ve ever made."

Implications for AI Industry and Beyond

This reaffirmed commitment signals Nvidia's unwavering bet on OpenAI amid fierce competition from players like Anthropic and Google. For OpenAI, the influx of Nvidia's expertise and capital means accelerated scaling of AI capabilities, potentially transforming industries from healthcare to entertainment. The focus on massive compute infrastructure underscores a key truth in AI development: raw power is the foundation for innovation.

Experts see this as a stabilizing force in the volatile AI funding landscape, where valuations soar but execution risks loom large. Nvidia's involvement not only provides hardware but also validates OpenAI's path forward. As Altman has noted, compute will underpin the economy of the future, empowering breakthroughs that reach millions. Huang's words reassure investors that the partnership is evolving, not unraveling, with equity investments in the tens of billions on the table.

OpenAI spokespeople have echoed this positivity, describing ongoing work to finalize details while crediting Nvidia for powering their systems from day one. This alliance could set the pace for how Big Tech collaborates on the next AI frontier, blending silicon prowess with software ambition. Meanwhile, Nvidia continues to dominate the GPU market essential for training massive models.

In summary, Nvidia CEO Jensen Huang has quashed doubts about a pivotal AI partnership, pledging the company's largest-ever investment in OpenAI to build unprecedented computing infrastructure. This move bolsters OpenAI's ambitions amid a high-stakes fundraising push and highlights the symbiotic ties driving AI progress.