Nvidia CEO pushes back against report that his company’s $100B OpenAI investment has stalled

Nvidia CEO pushes back against report that his company’s $100B OpenAI investment has stalled

Nvidia CEO Jensen Huang said Saturday that a latest report of friction between his company and OpenAI was “nonsense.”

Huang’s comments got here after The Wall Street Journal printed a story late Friday claiming that Nvidia was trying to scale back its investment in OpenAI. The two firms announced a plan in September through which Nvidia would make investments as much as $100 billion in OpenAI and also build 10 gigawatts of computing infrastructure for the AI company.

However, the WSJ said Huang has begun emphasizing that the deal is nonbinding, and that he’s also privately criticized OpenAI’s enterprise strategy and expressed issues about opponents like Anthropic and Google.

In addition, the WSJ reported that the two firms are rethinking their relationship — though that doesn’t imply slicing issues off totally, with latest discussions reportedly specializing in an fairness investment of a mere tens of billions of {dollars} from Nvidia.

An OpenAI spokesperson told the WSJ that the firms are “actively working through the details of our partnership,” including that Nvidia “has underpinned our breakthroughs from the start, powers our systems today, and will remain central as we scale what comes next.”

According to Bloomberg, reporters requested Huang about the report during a go to to Taipei. In response, he insisted that Nvidia will “definitely participate” in OpenAI’s latest funding round “because it’s such a good investment.”

“We will invest a great deal of money,” Huang said. “I believe in OpenAI. The work that they do is incredible. They’re one of the most consequential companies of our time.”

The Gossip Blogger event

Boston, MA
|
June 23, 2026

He apparently declined to specify how a lot Nvidia can be investing, instead saying, “Let [OpenAI CEO Sam Altman] announce how much he’s going to raise — it’s for him to decide.”

The WSJ reported in December that OpenAI is trying to increase a $100 billion funding round, while The New York Times said this week that Nvidia, Amazon, Microsoft, and SoftBank are all discussing potential investments.

Stay informed with the latest headlines that matter. At TheGossipBlogger.com, we ship well timed and credible coverage on breaking news, global occasions, politics, society, and all the pieces in between.

Whether it’s unfolding developments, coverage adjustments, or highly effective human-interest tales, our newsroom curates impactful content to maintain you up to date in real time.

From local points to worldwide affairs, we break down advanced tales with readability, context, and a give attention to what’s related to you.

Bookmark News and examine in often — because staying informed is the first step towards staying ahead.