Nvidia wants to invest more in OpenAI – but not 100 billion
Jensen Huang has denied reports of a withdrawal from the next investment round for OpenAI. The amount to be invested has not yet been determined.
Nvidia CEO Jensen Huang at one of his keynote appearances.
(Image: jamesonwu1972/Shutterstock.com)
"We are going to invest a lot of money," Nvidia CEO said, according to a Bloomberg report last Saturday, to journalists during a visit to Taipei. The co-founder of the chip developer thus denied reports from recent days according to which he wanted to withdraw from the next financing round at the ChatGPT developer. It was previously expected that Nvidia would invest around 100 billion US dollars in OpenAI.
The two companies had also agreed on this in September 2025. At the time, it was stated that they wanted to jointly launch the "largest AI infrastructure project in history." Several data centers were planned, which were to have an energy demand of 10 gigawatts, equivalent to the output of 10 nuclear power plants. The figure of 100 billion US dollars in investment volume was also explicitly mentioned by the two companies.
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However, last Friday, the Wall Street Journal reported that these plans had been heavily criticized internally at Nvidia. Therefore, they are now "on ice," according to the newspaper. According to Bloomberg, Huang contradicted this the following day in Taipei, Taiwan. He stated that they intended to make "perhaps the biggest investment we have ever made" in OpenAI. When asked if the volume would reach 100 billion US dollars, Huang said: "No, no, nothing like that," as Reuters reported again.
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Thus, it appears to be certain that Nvidia's originally planned investment volume alone is off the table. However, it is possible that the 100 billion will be raised jointly with others. According to recent US reports, Amazon, among others, is prepared to invest up to 50 billion. The current financing round is particularly important because OpenAI wants to significantly increase its valuation through it. The company plans to go public this year or next, which is considered a litmus test for the entire AI industry.
(nie)