Nvidia CEO Jensen Huang is pushing back on the idea that his company's OpenAI investment plans are losing momentum. After a Wall Street Journal report described tension and a possible scaling back of Nvidia's role, Huang said the claim was "nonsense."
The dispute centers on a large partnership announced in September, when Nvidia and OpenAI outlined a plan for Nvidia to invest up to $100 billion in OpenAI and build 10 gigawatts of computing infrastructure for the AI company. The latest reporting now puts the size, terms, and direction of that relationship back under scrutiny.
What Huang Rejected
The Wall Street Journal published a story late Friday saying Nvidia was looking to scale back its investment in OpenAI. The report also said Huang had begun emphasizing that the deal is nonbinding.
According to the same report, Huang had privately criticized OpenAI's business strategy and raised concerns about competitors including Anthropic and Google. The report did not describe a total break between Nvidia and OpenAI. Instead, it said the companies were rethinking the relationship, with recent discussions reportedly focused on an equity investment of a mere tens of billions of dollars from Nvidia.
Huang responded during a visit to Taipei, according to Bloomberg. Asked about the report, he insisted that Nvidia will "definitely participate" in OpenAI's latest funding round "because it's such a good investment."
"We will invest a great deal of money," Huang said. "I believe in OpenAI. The work that they do is incredible. They're one of the most consequential companies of our time."
Huang did not specify the amount Nvidia would invest. Instead, he said, "Let [OpenAI CEO Sam Altman] announce how much he's going to raise — it's for him to decide."
The Partnership Under Discussion
The Nvidia OpenAI investment became a major marker of how closely AI companies and infrastructure suppliers are now tied together. Under the plan announced in September, Nvidia would invest up to $100 billion in OpenAI and also build 10 gigawatts of computing infrastructure.
Those two pieces matter together. OpenAI needs large-scale computing capacity to train and run AI systems. Nvidia, meanwhile, sits at the center of that computing stack because its hardware powers many of the systems used in advanced AI work.
The Wall Street Journal report introduced a key distinction: the deal is nonbinding. That detail does not mean the partnership is over. It does mean the final size and shape of the arrangement may depend on negotiations that are still taking place.
An OpenAI spokesperson told the Wall Street Journal that the companies are "actively working through the details of our partnership." The spokesperson added that Nvidia "has underpinned our breakthroughs from the start, powers our systems today, and will remain central as we scale what comes next."
Why the Size Still Matters
The range between "up to $100 billion" and "tens of billions of dollars" is central to the story. Both figures are extremely large, but they point to different expectations for Nvidia's role in OpenAI's financing and infrastructure plans.
The Wall Street Journal reported in December that OpenAI is looking to raise a $100 billion funding round. The New York Times said this week that Nvidia, Amazon, Microsoft, and SoftBank are all discussing potential investments.
That context helps explain why Huang's comments drew attention. He did not deny that the final amount remains unresolved. He did, however, make clear that he still wants Nvidia involved in OpenAI's latest funding round.
For OpenAI, the reported funding talks suggest a search for major financial backing as it continues to scale. For Nvidia, participation would keep the company closely linked to one of the AI industry's most visible companies, even if the exact investment amount is still for OpenAI to announce.
What Remains Unanswered
Huang's response settles one point and leaves several others open. He rejected the suggestion that Nvidia is stepping away from OpenAI, and he described the company as a strong investment. But he did not give a dollar figure, and the source article does not say that a final agreement has been completed.
The current picture is therefore mixed but not contradictory. The companies announced an ambitious plan in September. The Wall Street Journal reported that they are rethinking the relationship and discussing a smaller equity investment. Huang then said Nvidia will participate and invest "a great deal of money."
What readers can take from the available facts is simple: Nvidia has not publicly walked away from OpenAI. The scale of its commitment, however, remains unsettled in public reporting, and Huang is leaving the fundraising details for Sam Altman to announce.
Until those details are disclosed, the Nvidia OpenAI investment remains both a signal of confidence and a reminder that even very large AI partnerships can shift as companies work through financing, infrastructure, and strategy.