New Delhi: Nvidia and OpenAI are back in the limelight due to rumors of the huge investment of $100 billion. There were reports that the chipmaker was
revisiting its investment in the AI startup and this raised speculation of tension between both companies.
Both are now pressing it back. Nvidia CEO, Jensen Huang and OpenAI chief, Sam Altman, have both made explicit clarifications regarding the alliance, emphasizing that the relationship is robust despite the misconceived $100 billion headline.
Jensen Huang: “There was never a $100 billion commitment”
Speaking to reporters in Taipei, Huang said Nvidia never agreed to invest $100 billion in a single round or under a binding deal. He explained that OpenAI invited Nvidia to invest up to that amount over time. Any funding, he said, would happen step by step.
When pressed on whether Nvidia would still participate, Huang confirmed the company would “absolutely be involved” in OpenAI’s latest funding round. He added that Nvidia plans to make a major investment, likely its largest ever, but stressed it would be far below $100 billion. Huang also dismissed claims of personal frustration with OpenAI, calling them ‘nonsense,’ and praised the startup as one of the most important companies of this era.
Sam Altman backs Nvidia amid chip rumors
We love working with NVIDIA and they make the best AI chips in the world. We hope to be a gigantic customer for a very long time.
I don’t get where all this insanity is coming from.
— Sam Altman (@sama) February 2, 2026
Altman also moved to calm the noise. Posting on X, he said OpenAI values its relationship with Nvidia and called its products the best AI chips in the world. He added that OpenAI hopes to remain a major Nvidia customer for many years and questioned where the sudden wave of speculation came from.
His comments followed a report by Reuters, which claimed OpenAI was unhappy with Nvidia’s latest hardware and was exploring alternatives. Altman’s response suggested otherwise, signaling continued cooperation between the two firms.
Oracle says Nvidia talks won’t affect
Cloud giant Oracle also weighed in. The company has a multi-year agreement under which OpenAI is expected to purchase up to $300 billion in computing power.
Oracle said Nvidia’s investment discussions have no impact on that arrangement. In a public statement, the company said it remains confident in OpenAI’s ability to raise funds and meet its long-term commitments.
For now, despite swirling headlines, all parties appear aligned: Nvidia plans to invest, OpenAI plans to scale, and partners say business continues as usual.
