February 3, 2026, 7:06 AM EST. At a Taipei event, Nvidia CEO Jensen Huang said the company will participate in OpenAI's latest funding round and described the commitment as 'huge,' though he did not specify an amount. OpenAI is seeking as much as $100 billion from backers including Nvidia, Microsoft, Amazon and SoftBank, valuing the private AI firm at about $750 billion. Nvidia previously outlined a 'landmark' partnership to deploy 10 gigawatts of AI data centers powered by Vera Rubin GPUs, with a potential up to $100 billion investment as those units come online. A Wall Street Journal note that the deal was on the rocks drew Huang's denial. Investors warn of potential circularity in AI funding ties and uncertainty around OpenAI's IPO timing.
