Nvidia CEO Huang Dismisses Reports of OpenAI Investment Rift

2/1/2026

Nvidia CEO Jensen Huang has moved quickly to quash rumors suggesting a strain in the relationship between the chipmaker and artificial intelligence giant OpenAI. On Saturday, Huang labeled a recent report detailing friction between the two companies as "nonsense," reaffirming Nvidia’s commitment to one of the tech world's most high-profile partnerships. The Controversy: Scaling Back vs. Full Steam Ahead The rebuttal follows a story published late Friday by The Wall Street Journal, which claimed Nvidia was looking to scale back its investment plans. The two companies had previously announced a massive roadmap in September, involving a potential investment of up to $100 billion by Nvidia, alongside the construction of 10 gigawatts of computing infrastructure to power OpenAI’s systems. However, the WSJ report suggested a shift in tone, alleging that Huang had begun emphasizing the nonbinding nature of the deal. The report further claimed that Huang had privately criticized OpenAI’s business strategy and expressed concerns regarding competitors such as Anthropic and Google. It indicated that while the relationship wasn't being severed, discussions were reportedly pivoting toward a smaller equity investment in the range of tens of billions of dollars, rather than the initial colossal figures. Huang’s Response: "We Will Invest a Great Deal" During a visit to Taipei, reporters asked Huang about these allegations. According to Bloomberg, his response was unequivocal. He insisted that Nvidia will "definitely participate" in OpenAI’s latest funding round, citing it as "such a good investment". "We will invest a great deal of money," Huang stated, dismissing the narrative of a pullback. "I believe in OpenAI. The work that they do is incredible. They’re one of the most consequential companies of our time". While he declined to specify the exact dollar amount, he deferred to OpenAI leadership for those details, noting, "Let [OpenAI CEO Sam Altman] announce how much he’s going to raise — it’s for him to decide". The Broader Investment Landscape An OpenAI spokesperson also addressed the WSJ report, stating that both companies are "actively working through the details of our partnership". The spokesperson highlighted that Nvidia has underpinned OpenAI’s breakthroughs from the start and will remain central to their future scaling efforts. The context for this dispute is a massive capital raise. The WSJ reported in December that OpenAI is seeking a $100 billion funding round. Meanwhile, The New York Times reported this week that major tech players, including Nvidia, Amazon, Microsoft, and SoftBank, are all engaged in discussions regarding potential investments.