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Overview
- Speaking in Taipei, CEO Jensen Huang said Nvidia will invest in OpenAI and that the outlay will likely be the largest in the company’s history, without disclosing the amount.
- Huang rejected claims he is unhappy with OpenAI, calling the suggestion “absurd” and describing the planned commitment as “enormous.”
- He emphasized the contribution will be far below $100 billion, pushing back on earlier market speculation tied to a nonbinding September letter of intent.
- OpenAI’s raise is aimed at financing new AI data centers and infrastructure targeting roughly 10 gigawatts of compute capacity built with Nvidia components.
- Bloomberg and Reuters report Amazon is in talks to invest up to $50 billion and to extend a compute-capacity agreement, with final terms across the round still being negotiated.