- Jensen Huang says reports that Nvidia is pulling out of OpenAI are nonsense
- OpenAI remains heavily dependent on Nvidia chips and server infrastructure
- Nvidia will invest heavily in OpenAI, despite not giving exact numbers
Nvidia CEO Jensen Huang dismissed claims that the company was pulling back from OpenAI.
“It’s rubbish,” he said, speaking to reporters during a recent visit to Taipei, describing OpenAI as “one of the most significant companies of our time” and confirming that Nvidia would “definitely participate” in the next round of funding.
Huang also said that Nvidia “will invest a lot of money” because OpenAI is “such a good investment” and emphasized continued support for the partnership.
Nvidia may not invest up to $100 billion
In a statement to The Wall Street Journala spokesperson for OpenAI supported this idea, stating that the companies are “actively working through the details of our partnership.”
Nvidia “has supported our breakthrough from the start, powers our systems today and will remain central as we scale next.”
Despite the strong language, Huang declined to provide any numbers. “Let Sam announce how much he wants to raise… It’s up to him to decide,” he said, referring to OpenAI CEO Sam Altman.
This reluctance is interesting because previous reporting set expectations very high — back in December 2025, reports said OpenAI was exploring a $100 billion funding round.
Recently, New York Times said Nvidia, Microsoft, Amazon and SoftBank all discussed potential investments.
At the same time, reports said Huang has begun to emphasize that Nvidia’s earlier commitments of up to $100 billion were non-binding.
Recent discussions at the company have focused on scaling the investment, with some conversations centering on a stake measured in the tens of billions of dollars.
Financial investment is only one part of the relationship between Nvidia and OpenAI.
In addition to the promised funding, the two companies planned to build massive computing capacity, including tens of thousands of servers.
OpenAI’s systems rely heavily on Nvidia chips, and that reliance extends into cloud hosting environments where much of its AI work takes place.
These operational links also support the development and deployment of AI tools that require continuous access to high-performance computing resources.
Some claims say Huang has privately criticized aspects of OpenAI’s business strategy and expressed concerns about competition from companies such as Anthropic and Google.
None of these claims have independent confirmation, but there is still a contrast between confident public quotes and reports describing caution in private discussions.
Via TechCrunch
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