TLDR Nvidia CEO Jensen Huang said the chipmaker’s proposed $100B OpenAI investment was never a binding agreement and will proceed incrementally. Huang dismissedTLDR Nvidia CEO Jensen Huang said the chipmaker’s proposed $100B OpenAI investment was never a binding agreement and will proceed incrementally. Huang dismissed

Nvidia (NVDA) Stock: CEO Walks Back $100B OpenAI Investment Commitment

TLDR

  • Nvidia CEO Jensen Huang said the chipmaker’s proposed $100B OpenAI investment was never a binding agreement and will proceed incrementally.
  • Huang dismissed Wall Street Journal reports claiming he criticized OpenAI’s business discipline and expressed doubts about the partnership.
  • The CEO confirmed Nvidia will participate in OpenAI’s current funding round with what he called the company’s “largest investment ever,” though far below $100B.
  • Questions persist about circular AI investments where companies fund businesses that purchase their own products.
  • Huang deferred timeline questions to OpenAI, stating deployment schedules depend on the ChatGPT maker’s infrastructure decisions.

Nvidia CEO Jensen Huang clarified the company’s investment strategy with OpenAI during weekend remarks in Taipei. The statements followed reports suggesting internal tensions over a previously announced $100 billion partnership.


NVDA Stock Card
NVIDIA Corporation, NVDA

The original plan outlined progressive funding to build and deploy at least 10 gigawatts of AI data centers using Nvidia hardware.

Reports of Internal Doubts

The Wall Street Journal reported Friday that the investment plan had stalled. Sources claimed Nvidia insiders questioned the agreement’s terms. The report said Huang privately told associates the $100B figure was non-binding and incomplete.

According to the WSJ, Huang also criticized OpenAI’s business approach as undisciplined. He allegedly raised concerns about competition from Google and Anthropic, both backed by major tech players.

Investment Details Remain Vague

He left specific figures to Altman to announce.

Circular Investment Concerns

The Nvidia-OpenAI arrangement has drawn scrutiny from market observers. OpenAI purchases Nvidia’s advanced AI chips, creating a circular investment pattern that some analysts find problematic.

The dynamic raises questions about artificial demand inflation. When tech companies invest heavily in businesses that primarily buy their products, it complicates genuine market assessment.

Neither company responded to Seeking Alpha’s requests for comment following Huang’s weekend statements.

The post Nvidia (NVDA) Stock: CEO Walks Back $100B OpenAI Investment Commitment appeared first on Blockonomi.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

UAE Authorizes AE Coin for Federal Government Payments

UAE Authorizes AE Coin for Federal Government Payments

UAE has officially authorized AE Coin for federal government payments.The initiative is expected to enhance smart government services, and secure payments. The
Share
Tronweekly2026/02/03 07:30
Exploring Market Buzz: Unique Opportunities in Cryptocurrencies

Exploring Market Buzz: Unique Opportunities in Cryptocurrencies

In the ever-evolving world of cryptocurrencies, recent developments have sparked significant interest. A closer look at pricing forecasts for Cardano (ADA) and rumors surrounding a Solana (SOL) ETF, coupled with the emergence of a promising new entrant, Layer Brett, reveals a complex market dynamic. Cardano's Prospects: A Closer Look Cardano, a stalwart in the blockchain space, continues to hold its ground with its research-driven development strategy. The latest price predictions for ADA suggest potential gains, predicting a double or even quadruple increase in its valuation. Despite these optimistic forecasts, the allure of exponential gains drives traders toward more speculative ventures. The Buzz Around Solana ETF The potential introduction of a Solana ETF has the crypto community abuzz, potentially catapulting SOL prices to new heights. As investors await regulatory decisions, the impact of such an ETF on Solana's value could be substantial, potentially reaching up to $300. However, as with Cardano, the substantial market capitalization of Solana may temper its growth potential. Why Layer Brett is Gaining Traction Amidst established names, a new contender, Layer Brett, has started to capture the market's attention with its early presale stages. Offering a low entry price of just $0.0058 and promising over 700% in staking rewards, Layer Brett presents a tempting proposition for those looking to maximize returns. Comparative Analysis: ADA, SOL, and $LBRETT While both ADA and SOL offer stable investment choices with reliable growth, Layer Brett emerges as a high-risk, high-reward option that could potentially offer significantly higher returns due to its nascent market position and aggressive economic model. Initial presale pricing lets investors get in on the ground floor. Staking rewards currently exceed 690%, a persuasive incentive for early adopters. Backed by Ethereum's Layer 2 for enhanced transaction speed and reduced costs. A community-focused $1 million giveaway to further drive engagement and investor interest. Predicted by some analysts to offer up to 50x returns in coming years. Shifting Sands: Investor Movements As the crypto market landscape shifts, many investors, including those traditionally holding ADA and SOL, are beginning to diversify their portfolios by turning to high-potential opportunities like Layer Brett. The combination of strategic presale pricing and significant staking rewards is creating a momentum of its own. Act Fast: Time-Sensitive Opportunities As September progresses, opportunities to capitalize on these low entry points and high yield offerings from Layer Brett are likely to diminish. With increasing attention and funds being directed towards this new asset, the window to act is closing quickly. Invest in Layer Brett now to secure your position before the next price hike and staking rewards reduction. For more information, visit the Layer Brett website, join their Telegram group, or follow them on X by clicking the following links: Website Telegram X Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.
Share
Coinstats2025/09/18 18:39
Bank of England maintains UK interest rates at 4%

Bank of England maintains UK interest rates at 4%

The BOE remains committed to reducing the UK’s inflation to its target 2%.
Share
Cryptopolitan2025/09/18 23:32