Nvidia CEO Jensen Huang stated Saturday {that a} latest report of friction between his firm and OpenAI was “nonsense.”
Huang’s feedback got here after The Wall Avenue Journal revealed a narrative late Friday claiming that Nvidia was looking to scale back its investment in OpenAI. The 2 firms introduced a plan in September through which Nvidia would invest up to $100 billion in OpenAI and in addition construct 10 gigawatts of computing infrastructure for the AI firm.
Nonetheless, the WSJ stated Huang has begun emphasizing that the deal is nonbinding, and that he’s additionally privately criticized OpenAI’s enterprise technique and expressed considerations about opponents like Anthropic and Google.
The WSJ additionally reported that the 2 firms are rethinking their relationship — although that doesn’t imply chopping issues off totally, with latest discussions reportedly specializing in an fairness funding of a mere tens of billions of {dollars} from Nvidia.
An OpenAI spokesperson informed the WSJ that the businesses are “actively working via the main points of our partnership,” including that Nvidia “has underpinned our breakthroughs from the beginning, powers our programs at this time, and can stay central as we scale what comes subsequent.”
In response to Bloomberg, reporters requested Huang concerning the report throughout a go to to Taipei. In response, he insisted that Nvidia will “definitely participate” in OpenAI’s newest funding spherical “as a result of it’s such an excellent funding,” in response to Bloomberg.
“We are going to make investments an excessive amount of cash,” Huang stated. “I consider in OpenAI. The work that they do is unimaginable. They’re one of the crucial consequential firms of our time.”
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He apparently declined to specify how a lot Nvidia can be investing, as a substitute saying, “Let [OpenAI CEO Sam Altman] announce how a lot he’s going to lift — it’s for him to determine.”
The WSJ reported in December that OpenAI is looking to raise a $100 billion funding round, whereas The New York Instances stated this week that Nvidia, Amazon, Microsoft, and SoftBank are all discussing potential investments.
