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yesterday

Nvidia Says It Will Make a 'Huge' OpenAI Investment as Talks Shift From $100 Billion Plan

Jensen Huang signals participation in OpenAI’s raise with Nvidia’s largest-ever check, countering reports that the earlier $100 billion framework had stalled.

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Nvidia CEO Jensen Huang interacts with supporters before a dinner he hosts with Taiwan tech CEOs in Taipei, Taiwan January 31, 2026. REUTERS/Ann Wang
Jensen Huang, CEO of Nvidia and C.C. Wei, CEO of TSMC pose for group photo at a dinner with Taiwan tech CEOs in Taipei, Taiwan January 31, 2026. REUTERS/Ann Wang

Overview

  • Huang told reporters in Taipei that Nvidia will “absolutely” join OpenAI’s funding round with a “huge” commitment, though “nothing like” $100 billion.
  • The Wall Street Journal reported the $100 billion plan had stalled, with internal doubts at Nvidia and a pivot toward an equity stake in the tens of billions.
  • Huang called talk of a rift “nonsense” and noted the prior $100 billion arrangement was non-binding, saying details of the raise are for OpenAI CEO Sam Altman to announce.
  • Amazon is in talks to invest up to $50 billion as OpenAI seeks as much as $100 billion at a valuation around $830 billion, with final allocations and terms still unsettled.
  • A September memorandum outlined at least 10 gigawatts of new compute built with Nvidia gear, while separate reporting highlights investor scrutiny of OpenAI’s vast multi‑year computing commitments.