Jensen Huang dismisses report of Nvidia–OpenAI rift as “nonsense”

OpenAI, Nvidia

• Nvidia CEO Jensen Huang denied reports of tension with OpenAI
• Huang confirmed Nvidia will invest heavily in OpenAI's upcoming funding round
• OpenAI says Nvidia remains central to its AI progress and future plans

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Nvidia CEO Jensen Huang said that reports of tension between Nvidia and OpenAI are unfounded, pushing back against claims that his company is reconsidering its relationship with the AI startup.

Huang’s comments came a day after The Wall Street Journal reported that Nvidia was looking to scale back its planned investment in OpenAI. The two companies announced in September that Nvidia would invest up to $100 billion in OpenAI and help build 10 gigawatts of computing infrastructure to support its AI ambitions.

According to the WSJ, Huang has recently stressed that the agreement is nonbinding and has privately raised concerns about OpenAI’s business strategy, as well as competition from rivals such as Anthropic and Google. The report also said the two companies were re-evaluating their partnership, with discussions shifting toward a smaller equity investment in the tens of billions of dollars.

Speaking to reporters during a visit to Taipei, Huang dismissed the report outright. “Nonsense,” he said, according to Bloomberg, adding that Nvidia will “definitely participate” in OpenAI’s upcoming funding round. “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 declined to comment on the size of Nvidia’s potential investment, saying it would be up to OpenAI CEO Sam Altman to disclose funding details. “Let him announce how much he’s going to raise,” Huang said.

An OpenAI spokesperson told the WSJ that the two companies are “actively working through the details of our partnership,” adding that Nvidia has been central to OpenAI’s progress. “Nvidia has underpinned our breakthroughs from the start, powers our systems today, and will remain central as we scale what comes next,” the spokesperson said.

The reports come as OpenAI seeks fresh capital at an unprecedented scale. The WSJ reported in December that OpenAI is aiming to raise as much as $100 billion, while The New York Times said this week that Nvidia, Amazon, Microsoft, and SoftBank are all in discussions about participating in the round.