Nvidia CEO denies OpenAI deal tension, confirms participation in new funding round
Jensen Huang called reports of Nvidia-OpenAI friction “nonsense” and said Nvidia will join OpenAI’s latest funding round, though he didn’t disclose an amount.
Key Takeaways
- Nvidia CEO Jensen Huang said reports of Nvidia-OpenAI friction were “nonsense” and confirmed Nvidia will join OpenAI’s current funding round.
- The Wall Street Journal reported Nvidia has been framing past discussions as nonbinding and that talks may center on an equity investment in the tens of billions of dollars.
- The New York Times reported multiple mega-cap backers—including Nvidia, Amazon, Microsoft, and SoftBank—are in discussions around OpenAI raising up to 100 billion dollars.
Nvidia is trying to reset the narrative around its relationship with OpenAI after reports suggested the chipmaker was cooling on a previously discussed mega-investment.
Nvidia says it will invest, but won’t name a number
During a visit to Taipei, Nvidia CEO Jensen Huang told reporters the company will “definitely participate” in OpenAI’s latest funding round, according to Bloomberg. Huang also dismissed talk of conflict between the companies as “nonsense,” pushing back on the idea that Nvidia is stepping away from OpenAI.
For B2B marketers and e-commerce operators building on AI platforms, the practical point is continuity: Nvidia is signaling it expects OpenAI’s roadmap to keep scaling, and that Nvidia intends to remain financially and strategically close to that growth.
Huang declined to specify how much Nvidia will invest, effectively pointing the disclosure to OpenAI and its fundraising process.
What the WSJ report means for OpenAI’s infrastructure and partners
The comments follow a Wall Street Journal report claiming Nvidia was looking to scale back its investment plans and that Huang had been emphasizing any prior arrangement was nonbinding, while also voicing concerns about competitive pressure from Anthropic and Google. The WSJ also reported the companies have been reconsidering how tightly they work together, with talks potentially centering on an equity check in the “tens of billions of dollars,” rather than earlier headline figures.
The WSJ story is here: The Wall Street Journal.
Separately, fundraising expectations remain massive. The New York Times reported that Nvidia, Amazon, Microsoft, and SoftBank have been discussing potential investments tied to OpenAI’s effort to raise up to 100 billion dollars: The New York Times.
If Nvidia’s eventual check lands below earlier speculation, it still matters: OpenAI’s compute strategy depends on long-horizon infrastructure planning, and even “mere” tens of billions can shape GPU supply, pricing, and availability for downstream SaaS vendors building on top of OpenAI models.
In short, the public posture is alignment. The private terms may be evolving, but Nvidia is not signaling an exit.
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