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Nvidia CEO Jensen Huang dismissed reports of tensions with OpenAI on Saturday, labeling claims of a strained partnership as unfounded.
The remarks followed a Wall Street Journal article published late Friday that suggested Nvidia was pulling back from a major investment commitment to the artificial intelligence firm. In September, the companies outlined an agreement under which Nvidia would pour up to $100 billion into OpenAI while constructing 10 gigawatts of computing capacity to support its operations.
The Journal’s piece indicated that Huang had highlighted the arrangement’s nonbinding nature and voiced private reservations about OpenAI’s operational approach, along with worries over rivals including Anthropic and Google.
Discussions between the partners are reportedly evolving, though not toward a full breakup, with talks now centering on Nvidia contributing equity worth tens of billions rather than the originally discussed figure.
An OpenAI representative told the Journal that the organizations continue to refine their collaboration, stressing Nvidia’s foundational role in past innovations, current infrastructure and future expansion.
During a stop in Taipei, as noted by Bloomberg, Huang addressed the coverage directly and affirmed Nvidia’s intention to join OpenAI’s ongoing fundraising effort, calling it a prime opportunity. He emphasized the company’s strong conviction in OpenAI’s mission, describing it as one of the era’s most influential enterprises, and pledged substantial financial support without disclosing a precise sum.
Huang deferred details of the round’s total to OpenAI leader Sam Altman. Earlier reporting from the Journal in December pointed to OpenAI seeking $100 billion in capital at an $830 billion valuation, while a New York Times account this week revealed negotiations involving Nvidia, Amazon, Microsoft and SoftBank for possible stakes.
