Nvidia Rejects Investment Uncertainty Claims
Nvidia has strongly rejected speculation that its planned investment in OpenAI is uncertain. CEO Jensen Huang confirmed that the company is moving ahead with a very large financial commitment. According to him, Nvidia remains fully confident in the deal.
Huang Dismisses Media Reports in Taipei
Speaking to the media in Taipei late Saturday, Huang directly addressed the rumors. He described reports claiming Nvidia’s dissatisfaction with OpenAI as completely unfounded. Moreover, he made it clear that the company has no plans to step back from the investment.
These comments came after a report by the Wall Street Journal suggested that Nvidia’s proposed investment—rumored to reach $100 billion—had been temporarily paused. However, Huang firmly denied this claim.
Investment Plan Announced in September
Earlier, in September, Nvidia announced its intention to invest heavily in OpenAI. The primary goal is to build large-scale infrastructure for next-generation artificial intelligence systems. As a result, the partnership is expected to support rapid AI development.
Meanwhile, unnamed sources quoted in media reports claimed that internal concerns had emerged at Nvidia. They also suggested that both companies were reviewing their partnership. Despite this, Nvidia has rejected such claims.
Nvidia Reaffirms Commitment to OpenAI
Huang again emphasized Nvidia’s commitment to the investment. He described OpenAI as one of the most influential companies of this era. In addition, he confirmed Nvidia’s participation in the current funding round led by OpenAI CEO Sam Altman.
“Sam is finalizing the funding round, and we will definitely be part of it,” Huang said. He also added that this could become the largest investment Nvidia has ever made.
Nvidia’s Dominance in AI Hardware
At the same time, Nvidia has become the leading supplier of processors used to train and operate large language models. These models power popular AI tools such as ChatGPT and Google Gemini.
As AI companies race to build massive GPU-based data centers, demand for Nvidia’s graphics processing units has surged. Originally designed for 3D gaming, these GPUs now sit at the heart of the AI boom.
Market Value Surges Despite Recent Decline
As a result of rising AI demand, Nvidia’s market capitalization crossed $5 trillion in October. However, it later declined by more than $600 billion. Despite this drop, major AI companies continue to invest heavily in Nvidia hardware.
Looking ahead, industry leaders expect demand for AI-powered services to grow rapidly. Therefore, Nvidia remains a key beneficiary of this expanding market.