Nvidia boss insists 'massive' investment in OpenAI on track

Nvidia CEO Jensen Huang Reaffirms ‘Huge’ Investment in OpenAI, Calls Doubts ‘Complete Nonsense’

Nvidia chief executive Jensen Huang has reiterated the company’s commitment to making a “huge” investment in OpenAI, dismissing reports suggesting tensions between the two firms as “complete nonsense.”

Speaking to journalists late Saturday in Taipei, Huang rejected a Wall Street Journal report that claimed Nvidia’s proposed investment of up to $100 billion in the generative AI company had been put on hold.

“That’s complete nonsense. We are going to make a huge investment in OpenAI,” Huang said, responding to questions about whether he was unhappy with the partnership.

Nvidia had announced in September its plan to invest as much as $100 billion to help OpenAI build infrastructure for next-generation artificial intelligence systems. However, the Journal, citing unnamed sources, reported that some inside Nvidia had expressed doubts about the scale of the deal and that both sides were reassessing the partnership.

Huang firmly denied those claims and emphasized the strategic importance of OpenAI.

“We will absolutely be involved in the round,” he said, referring to OpenAI CEO Sam Altman. “We will invest a great deal of money, probably the largest investment we’ve ever made.”

AI boom fuels Nvidia’s rise

Nvidia has emerged as a central player in the global AI boom, supplying the high-performance graphics processing units (GPUs) required to train and run large language models (LLMs) such as OpenAI’s ChatGPT and Google’s Gemini.

Originally designed for 3D gaming, Nvidia’s GPUs have become the backbone of modern AI computing, powering vast data centers used by developers worldwide.

Surging demand for these chips helped push Nvidia’s market capitalization past $5 trillion in October, though the valuation has since dropped by more than $600 billion amid broader market fluctuations.

Big bets on AI infrastructure

Companies like OpenAI are channeling much of their funding into Nvidia’s hardware, racing to build GPU-heavy data centers to meet growing demand for AI services.

Huang’s comments underscore Nvidia’s intent to deepen its relationship with OpenAI as competition intensifies in the AI sector, where access to computing power is increasingly seen as a critical advantage.

Despite speculation over the partnership, Huang made clear that Nvidia’s backing of OpenAI remains strong — and could mark the company’s largest investment to date.