"NVIDIA CEO Jensen Huang told reporters that the company will "invest a great deal of money" in OpenAI's latest funding round, according to , after The Wall Street Journal on Friday reported that the two companies were rethinking a previous $100 billion deal that hasn't "progressed beyond the early stages" of negotiations. Speaking to reporters in Taipei this weekend, Huang reportedly said it could be "the largest investment we've ever made.""
"NVIDIA and OpenAI jointly announced in September that NVIDIA would be investing up to $100 billion in OpenAI to build 10 gigawatts of AI data centers. The companies said then that they were targeting the second half of 2026 for the first phase of the project to go online. Citing sources familiar with the discussions, The Wall Street Journal reported that Huang has highlighted privately that the agreement was nonbinding and has criticized OpenAI's business approach as lacking discipline."
NVIDIA plans to invest a large sum in OpenAI's latest funding round and indicated the investment could be the largest the company has ever made. NVIDIA and OpenAI previously outlined a plan for up to $100 billion to build 10 gigawatts of AI data centers, targeting the second half of 2026 for the project's first phase to come online. Some sources say the earlier $100 billion deal had not progressed beyond early stages and called the agreement nonbinding, criticizing OpenAI's business discipline. Jensen Huang rejected those characterizations as nonsense, praised OpenAI's impact, and said the current funding-round investment will not approach $100 billion.
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