Nvidia CEO pushes back against report that his company's $100B OpenAI investment has stalled
TechCrunch • • business
Key Points:
- Nvidia CEO Jensen Huang dismissed reports of friction between Nvidia and OpenAI as "nonsense," reaffirming the company's commitment to investing in OpenAI.
- The Wall Street Journal reported that Nvidia might scale back its planned $100 billion investment and has expressed concerns about OpenAI's business strategy and competitors like Anthropic and Google.
- Despite discussions about rethinking their partnership, Nvidia and OpenAI continue to work through the details, with Nvidia remaining central to OpenAI's computing infrastructure.
- Huang confirmed Nvidia's intention to participate in OpenAI's latest funding round, calling it a "good investment" and praising OpenAI as one of the most consequential companies of our time.
- Huang declined to specify the investment amount, stating that Open
