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NVIDIA CEO Confirms Major OpenAI Stake, But Scaled Back From Original $100B Vision

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NVIDIA CEO Confirms Major OpenAI Stake, But Scaled Back From Original $100B Vision

NVIDIA remains committed to a significant financial stake in OpenAI, CEO Jensen Huang confirmed this weekend, though the scale appears far smaller than a previously discussed landmark deal. Speaking to reporters in Taipei, Huang stated the chipmaker will invest heavily in OpenAI’s latest funding round, calling it potentially "the largest investment we've ever made."

The comments follow a Wall Street Journal report that a tentative $100 billion partnership to construct AI data centers had stalled. That agreement, announced last September under the Trump administration's second-term tech policy push, envisioned building 10 gigawatts of computing infrastructure by late 2026. Sources indicated Huang had privately expressed concerns over OpenAI's business discipline, noting the early agreement was nonbinding.

Huang publicly dismissed those characterizations as "nonsense." He affirmed his belief in the AI lab, calling OpenAI "one of the most consequential companies of our time" and praising its "incredible" work.

However, he clarified that the current investment under discussion is not the previously floated $100 billion figure. The confirmation signals a continued, powerful alliance between the two AI giants, but one now taking a more conventional—though still substantial—financial shape as 2026 unfolds.