Nvidia CEO Jensen Huang Confirms Major OpenAI Investment, Dismisses Deal Doubts

TAIPEI – In a definitive statement that sent ripples through the tech and investment communities, Nvidia CEO Jensen Huang confirmed the chipmaker's plans to participate in OpenAI's latest mega-funding round, describing the pending commitment as potentially "the largest investment we've ever made."

Speaking at a weekend event in Taipei, Huang addressed swirling speculation head-on. "We will invest a great deal of money," he told reporters. "I believe in OpenAI. The work that they do is incredible. They're one of the most consequential companies of our time." While not disclosing a precise figure, Huang characterized the sum as "huge," directly countering a recent Wall Street Journal report that suggested the previously discussed scale of up to $100 billion was in doubt.

"That's nonsense," Huang stated when asked about the report, which cited unnamed sources familiar with the matter. He clarified that the current investment under discussion is not at the $100 billion level, but emphasized Nvidia's firm commitment.

The investment would cement a partnership announced last September, where OpenAI agreed to deploy data centers using millions of Nvidia's next-generation Vera Rubin GPUs. This symbiotic relationship—where OpenAI becomes a massive customer for Nvidia's hardware while Nvidia becomes a key financial backer—exemplifies the vertically integrated nature of the modern AI arms race. However, it has also drawn scrutiny from some investors concerned about circular deals artificially inflating demand.

OpenAI's funding round, which also involves Microsoft, Amazon, and SoftBank, could value the company at a staggering $750 billion, positioning it among the world's most valuable private firms. The capital is expected to fuel an unprecedented expansion of AI computing infrastructure.

For Nvidia, the investment represents a strategic bet on the ecosystem its hardware enables. An OpenAI IPO, rumored for later this year, could make such a stake highly lucrative, following the explosive public market debuts of other AI-centric firms like CoreWeave and Nebius Group. Yet, the outcome remains uncertain in a rapidly evolving sector.

Analysts note that despite its market dominance, Nvidia's current valuation metrics, including a PEG ratio of 0.8, still suggest room for growth relative to its earnings potential. Huang's bold move signals confidence not just in OpenAI's future, but in the sustained demand for the computational backbone of AI.

Market Voices: Reactions from the Floor

Michael Chen, Portfolio Manager at Horizon Capital: "This isn't just an investment; it's an ecosystem lock-in. Huang is ensuring Nvidia's architecture remains the foundation of the most advanced AI models. It's a costly but strategically brilliant defensive play against competitors."

Dr. Anya Sharma, AI Ethics Researcher at Stanford: "The concentration of power and capital here is breathtaking. When the primary hardware provider also bankrolls the leading software lab, it raises profound questions about market dynamics and the direction of AI development. Are we building a diverse future or a single, monolithic stack?"

Rick Dalton, Independent Investor & Commentator: "Are you kidding me? This is the definition of a bubble. They're investing billions in their own biggest customer to create the illusion of infinite demand. It's a circular money flow that benefits insiders while setting up retail investors for the eventual fall. Huang dismisses reports as 'nonsense,' but where's the transparency?"

Lisa Wang, Tech Analyst at Bloomberg Intelligence: "The market is reading this as a huge vote of confidence. Huang doesn't make casual statements. By publicly committing and shooting down doubts, he's stabilizing the narrative. This likely preludes more concrete details in their next earnings call, which will be critical for investor assessment."