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Nvidia CEO Jensen Huang has strongly pushed back against recent media reports claiming that his company’s massive investment plans with OpenAI are losing momentum.
Speaking on Saturday, Huang dismissed suggestions of growing tension between Nvidia and the AI powerhouse, calling such claims “nonsense.”
His comments came shortly after The Wall Street Journal reported that Nvidia may be reconsidering the scale of its proposed investment in OpenAI. The two companies announced in September that Nvidia could invest as much as $100 billion in OpenAI while also helping build major computing infrastructure to support the company’s rapidly expanding AI systems.
The Journal suggested that Huang has recently described the deal as nonbinding and has privately raised concerns about OpenAI’s business direction, as well as competition from rivals such as Anthropic and Google.
The report also claimed that Nvidia and OpenAI have been reviewing the terms of their partnership, with more recent discussions potentially focusing on a smaller equity investment — possibly in the tens of billions rather than the full $100 billion.
OpenAI, however, signaled that the partnership remains active. A company spokesperson told the Journal that both sides are still working through the details, adding that Nvidia has played a key role in powering OpenAI’s breakthroughs and will remain central as the organization continues to scale.
According to Bloomberg, Huang was asked directly about the report during a visit to Taipei. He responded by making it clear that Nvidia still intends to take part in OpenAI’s next major funding round.
“We will definitely participate,” Huang said, describing OpenAI as “one of the most consequential companies of our time.”
He added that Nvidia plans to invest heavily, though he did not reveal a specific figure, saying that OpenAI CEO Sam Altman would be the one to announce how much funding the company aims to raise.
OpenAI is reportedly preparing one of the largest funding rounds in history. The Wall Street Journal previously reported that the company is seeking to raise around $100 billion, while The New York Times noted that major players including Nvidia, Amazon, Microsoft, and SoftBank are all in discussions about potential investments.
As competition intensifies in the global AI race, Nvidia’s continued support for OpenAI highlights how crucial strategic partnerships and massive capital investments have become in shaping the future of artificial intelligence.
