Nvidia set to invest $20B in OpenAI after Sam Altman addresses speculation
ChatGPT maker is seeking up to $100 billion in its latest funding round
Nvidia, the US-based chipmaker, is close to finalising a deal worth of investing roughly $20 billion in OpenAI.
According to the sources privy to matter and reported by Reuters, the report of alleged investment comes as the ChatGPT maker is seeking up to $100 billion in its latest funding round, putting the company’s valuation at about $830 billion.
Despite the reports, the Nvidia-OpenAI deal is not finalized yet, as confirmed by sources.
On Tuesday, Reuters reported OpenAI’s alleged dissatisfaction with Nvidia chips for AI interface and training, thereby he is exploring the alternatives.
Taking to X, the CEO of OpenAI, Sam Altman, put all the speculations regarding strained relationship with Nvidia to rest.
“We love working with NVIDIA and they make the best AI chips in the world. We hope to be a gigantic customer for a very long time. I don't get where all this insanity is coming from,” Altman said.
Earlier, the Wall Street Journal reported that Nvidia’s $100 billion investment in the tech firm is on the breaking point as the chipmaker stalled the plans of investment.
Later, Jensen Huang, the CEO of Nvidia, has clarified that he is planning “to invest a great deal of money” in OpenAI.
Huang also told CNBC on Tuesday that Nvidia would consider investing in OpenAI’s next fundraising round.
The $100 billion massive investment first disclosed in September 2025. In the competitive digital landscape, other tech giants, including SoftBank Group and Amazon are racing to build partnerships with Open to gain an edge in the AI race.
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