TAIPEI, Febuary 26, 2026 – nvidia plans too invest in OpenAI’s latest funding round, a move CEO Jensen Huang described as potentially “the largest investment we’ve ever made,” signaling continued confidence in the artificial intelligence leader despite recent scrutiny of a prior, larger agreement.
Huang Confirms Investment, Dismisses Doubts
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The chipmaker’s CEO affirmed support for OpenAI amid reports of internal disagreements over a previous $100 billion investment plan.
- Nvidia will participate in OpenAI’s current funding round, though the investment amount will be less than $100 billion.
- Huang refuted reports suggesting dissatisfaction with OpenAI’s business practices.
- OpenAI is seeking to raise as much as $100 billion, with Amazon also in talks to invest.
- The investment highlights the increasingly intertwined relationship between AI developers and the companies providing the necessary computing power.
“We will invest a great deal of money,” Huang told reporters during a visit to Taipei on Saturday.”I believe in OpenAI. The work that they do is amazing. They’re one of the most consequential companies of our time.” He added that OpenAI founder Sam Altman will determine the final fundraising amount. “But we will definitely participate in the next round of financing because it’s such a good investment.”
Previous Agreement Faced Internal scrutiny
The commitment follows a previously announced, but now seemingly adjusted, plan for Nvidia to invest up to $100 billion in OpenAI. The Wall Street Journal reported on Friday that some within Nvidia had expressed reservations about the deal, questioning its structure and potential benefits. According to sources, Huang privately emphasized the non-binding nature of the $100 billion agreement, voiced concerns about OpenAI’s business discipline, and considered potential competitive implications.
When directly asked about the Journal’s report, Huang dismissed it as “nonsense.”
What are the concerns surrounding nvidia’s investments in AI companies? Investors are questioning if investments in AI companies that then purchase their products artificially inflate demand, creating a circular economic pattern. This raises concerns about sustainable growth and market dynamics.
Nvidia’s considerable investment in OpenAI, a major purchaser of its advanced AI chips, has raised questions about this dynamic. The company recently announced an additional $2 billion investment in CoreWeave Inc., another key customer and cloud computing provider, further fueling these concerns.
Data Center Expansion Was Key to Initial Deal
In September, Nvidia outlined a letter of intent to invest up to $100 billion in openai to facilitate the construction of new data centers and AI infrastructure. The plan aimed to create data centers with a capacity of at least 10 gigawatts of power-comparable to New York City’s peak electricity demand-equipped with Nvidia’s chips for training and deploying AI models.
OpenAI is reportedly seeking to raise as much as $100 billion in its current funding round, with Amazon considering an investment of up to $50 billion and an expansion of their existing computer power agreement, according to a person with knowledge of the matter. Altman has also been in discussions with investors in the Middle East, potentially valuing the company between $750 billion and $830 billion. Microsoft is also reportedly in talks to participate.
Nvidia & openai: A Partnership Nvidia and OpenAI have a close relationship, with Nvidia providing the chips essential for OpenAI’s AI models. This collaboration is crucial for advancing AI growth and deployment.
