Nvidia's $100 Billion OpenAI Deal Is Dead. The Relationship Isn't.
Nvidia's $100 billion OpenAI infrastructure deal never progressed past preliminary talks. Jensen Huang says he'll still invest, but the terms have changed.
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Nvidia's $100 Billion OpenAI Deal Is Dead. The Relationship Isn't.
Nvidia's $100 billion OpenAI infrastructure deal never progressed past preliminary talks. Jensen Huang says he'll still invest, but the terms have changed.
11 min read
Taipei, Saturday night. Jensen Huang showed up to face reporters with his jacket off, sleeves pushed up, and did something he almost never does. He played defense.
"Complete nonsense," he said, waving away a Wall Street Journal report that his company's $100 billion infrastructure agreement with OpenAI had stalled. Nvidia would "absolutely" participate in OpenAI's next funding round. It would be "probably the largest investment we've ever made." He believed in OpenAI. He believed in Sam Altman.
Then a reporter asked if the investment would top $100 billion. Huang pulled back. "No, no, nothing like that."
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