Nvidia is preparing to make what could be its largest investment ever, and the target is none other than OpenAI. Speaking to reporters in Taipei, Nvidia CEO Jensen Huang made it clear that the chip giant is fully committed to backing the ChatGPT-maker, pushing back strongly against reports suggesting internal doubts or dissatisfaction.
Calling speculation about strained ties “nonsense,” Huang said Nvidia firmly believes in OpenAI’s vision and future, adding that the company will play a key role in the next funding round being closed by OpenAI CEO Sam Altman.
“A Huge Investment” — Nvidia’s Biggest Yet
Huang confirmed that Nvidia will invest “a great deal of money” into OpenAI — likely the biggest cheque the company has ever written. However, he clarified that the figure would not reach the previously floated $100 billion mark.
While exact numbers remain under wraps, Huang stressed that Nvidia’s participation in the funding round is certain, describing OpenAI as “one of the most consequential companies of our time.”
He also said he enjoys working closely with Altman and expressed confidence in the work OpenAI is doing, particularly as the AI space becomes more competitive and capital-intensive.
Clearing the Air After WSJ Report
The clarification comes after a report by The Wall Street Journal suggested Nvidia’s investment plans had stalled. According to the report, some executives within Nvidia had raised concerns, and Huang had privately described OpenAI’s business approach as lacking discipline.
There were also reported worries about growing competition from AI rivals backed by Google and Anthropic. Huang, however, dismissed the idea that these concerns had derailed Nvidia’s commitment, reiterating that the earlier $100 billion figure was never a binding agreement.
Why OpenAI Needs Nvidia — and Vice Versa
Nvidia’s interest in OpenAI is strategic. Advanced AI models rely heavily on Nvidia’s high-end chips, which remain central to training and running large-scale generative AI systems. A deep financial partnership ensures OpenAI has both the capital and the hardware access needed to maintain its lead in an increasingly crowded market.
OpenAI is currently exploring a funding round of up to $100 billion, which could value the company at around $830 billion, according to earlier reports. Other tech giants are also circling — Amazon is reportedly in talks to invest tens of billions of dollars, with figures potentially reaching $50 billion.
The “Trillion-Dollar Dinner” in Taipei
Huang was speaking during a high-profile visit to Taiwan, where he hosted Nvidia’s key supply chain partners — including TSMC, the world’s largest contract chipmaker — at what Taiwanese media dubbed the “trillion-dollar dinner.”
The nickname reflected the combined market capitalisation of the companies represented, underlining Nvidia’s central role in the global AI and semiconductor ecosystem.
Final Words
Despite rumours of hesitation and internal debate, Nvidia’s stance is now crystal clear. The company is doubling down on OpenAI, ready to make a record-breaking investment as the AI arms race accelerates. While the final numbers rest with Sam Altman, one thing is certain — Nvidia intends to remain at the heart of OpenAI’s future, chips, capital, and all.
