Nvidia CEO Confirms Major Investment in OpenAI, Clarifies $100 Billion Figure
February 2, 2026
In a significant development for the artificial intelligence infrastructure sector, Nvidia CEO Jensen Huang has confirmed the chipmaker's commitment to a substantial investment in OpenAI, while clarifying the scale and structure of the deal. The move underscores the deepening strategic interdependence between leading AI hardware providers and the most advanced AI research labs, a relationship critical for fueling the next generation of compute-intensive AI models. Speaking at a press event in Taipei, Huang directly addressed recent reports regarding the status of Nvidia's planned investment. He confirmed that the company "will absolutely be involved" in OpenAI's current funding round, which is believed to be targeting a staggering $100 billion at an $830 billion valuation. Huang described the forthcoming commitment as "probably the largest investment we’ve ever made" and a "huge" sum. However, he sought to correct the record on the specific figure, stating, "We never said we were going to invest $100 billion in one round." He explained that OpenAI had invited Nvidia to invest up to that amount, but the final sum would be different. The CEO's comments follow a Wall Street Journal report which suggested the deal, initially linked to a planned 10-gigawatt OpenAI data center buildout featuring Nvidia hardware, had stalled since a letter of intent was signed in September 2025. At that time, Huang had hailed the associated computing project as "the largest computing project in history." The report also claimed Huang had privately expressed concerns about OpenAI's business discipline and competitive pressures from rivals like Google and Anthropic. Huang dismissed these characterizations as "nonsense," affirming his support for OpenAI CEO Sam Altman, who is leading the funding round. Other tech giants are also involved, with Amazon reportedly in talks to invest as much as $50 billion in the same round. For the industry, this clarified commitment signals continued aggressive capital deployment into foundational AI infrastructure. A major investment from Nvidia, whose chips power the vast majority of advanced AI training, would further cement its ecosystem dominance and provide OpenAI with not just capital, but also prioritized access to the scarce hardware necessary for its ambitious roadmap. The deal highlights the evolving model where core technology enablers are taking direct strategic stakes in their largest customers, blurring traditional vendor-client lines and consolidating power at the top of the AI supply chain.
Source: datacenterdynamics
