Nvidia's Huang Clarifies OpenAI Investment as Flexible, Not Committed

Feb 2, 2026, 2:49 AM

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Nvidia Corp. Chief Executive Officer Jensen Huang recently clarified that the company's proposed $100 billion investment in OpenAI was "never a commitment." During a press conference in Taipei, Huang highlighted that Nvidia would evaluate funding opportunities "one at a time" rather than adhering to a fixed investment plan.

This statement comes in light of a letter of intent signed in September, which indicated Nvidia's intention to invest up to $100 billion to support OpenAI's infrastructure, particularly for new data centers designed to handle significant artificial intelligence workloads. The ambitious plan included building data centers capable of generating at least 10 gigawatts of power, equivalent to New York City's peak electricity demand, using Nvidia's advanced chips to train AI models.

However, reports from The Wall Street Journal indicated that internal skepticism about the deal had arisen among Nvidia executives, leading to a stall in the investment plan. Huang was said to have privately criticized OpenAI's business discipline and expressed concerns regarding competitive dynamics in the AI sector. When confronted with these reports, he dismissed them as "nonsense," reaffirming his belief in OpenAI's work and its significance in the tech landscape.

Huang described the potential investment as "huge" but did not specify the exact amount Nvidia would contribute in the current funding round, emphasizing that it would not reach the $100 billion originally discussed. He stated, "Let Sam [Altman] announce how much he's going to raise; it's for him to decide," indicating that OpenAI's CEO is in the process of finalizing the funding round.

The ongoing discussions about Nvidia's investment in OpenAI reflect broader concerns in the tech industry regarding the sustainability of AI partnerships. As investors question whether these relationships might artificially inflate demand for AI products, Nvidia's plans to invest in other firms, such as CoreWeave Inc, a cloud computing provider heavily reliant on Nvidia's chips, further illustrate this complexity.

Nvidia's partnership with OpenAI aims to push the boundaries of AI infrastructure, with the first gigawatt deployment of Nvidia systems anticipated for the second half of 2026. Huang noted that the infrastructure development is ultimately under OpenAI's purview, saying, "It's their infrastructure".

As the tech industry continues to evolve, Nvidia and OpenAI's collaborative efforts could pave the way for significant advancements in artificial intelligence, provided they navigate the challenges inherent in such large-scale investments and partnerships.

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