NVIDIA CEO Jensen Huang has publicly reaffirmed his company’s commitment to investing in OpenAI, despite recent reports suggesting a potential rethink of a massive $100 billion deal. Speaking to reporters in Taipei, Huang dismissed claims of a stalled agreement, emphasizing his profound belief in OpenAI’s groundbreaking work and its pivotal role in the current technological landscape.
Navigating the Investment Narrative
The saga began in September when NVIDIA and OpenAI jointly announced an ambitious plan: NVIDIA would invest up to $100 billion to construct 10 gigawatts of AI data centers. This monumental undertaking was slated to see its first phase go live in the latter half of 2026, signaling a deep strategic alliance aimed at powering the future of artificial intelligence.
Reports of Retreat and Reassessment
However, the narrative took a turn last Friday when The Wall Street Journal reported that the two tech giants were reconsidering this colossal deal, which had reportedly not advanced beyond its nascent stages. The report, citing sources familiar with the discussions, also highlighted private criticisms from Huang regarding the agreement’s non-binding nature and a perceived lack of discipline in OpenAI’s business approach.
Huang’s Resolute Clarification
In a swift and decisive response, Jensen Huang addressed these swirling speculations. According to Bloomberg, the NVIDIA chief unequivocally labeled the Wall Street Journal’s claims as “nonsense.” On Saturday, he told reporters, “I believe in OpenAI. The work that they do is incredible. They’re one of the most consequential companies of our time.”
While dispelling notions of a complete withdrawal, Huang did offer a crucial clarification regarding the scale of the immediate investment. He indicated that NVIDIA’s contribution to OpenAI’s latest funding round, while substantial, would not approach the previously floated figure of $100 billion. This suggests a recalibration of the initial grand vision, perhaps focusing on a more phased or targeted investment strategy, rather than a complete abandonment of the partnership.
NVIDIA’s continued support for OpenAI underscores the critical importance of strategic alliances in the rapidly evolving AI sector, even as the specifics of such collaborations remain subject to dynamic market forces and ongoing negotiations.
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