Nvidia to Invest $30B in OpenAI, Down From $100B Plan

Nvidia will invest $30 billion in OpenAI, scaling back a previous plan to invest $100 billion, according to the Financial Times. The AI-chip giant will participate in OpenAI's new funding round, expected to value the company at $850 billion. Nvidia CEO Jensen Huang dismissed reports of investment doubts as 'complete nonsense,' insisting the company will 'absolutely' be involved. The scaled-back investment reflects a shift from OpenAI's earlier infrastructure-building plans but maintains Nvidia's critical role as the primary supplier of AI chips for large language models like ChatGPT.

SOURCE: https://www.channelstv.com/2026/02/20/nvidia-nears-deal-for-scaled-down-investment-in-openai/