tech
February 3, 2026
Nvidia's Jensen Huang denies OpenAI deal rumors: 'There’s no drama'
Nvidia CEO Jensen Huang said the chipmaker's plan to invest in OpenAI remains "on track."
TL;DR
- Nvidia CEO Jensen Huang confirmed investment plans with OpenAI are proceeding as scheduled.
- Recent reports suggested the deal was "on ice," but Huang denied any "drama."
- Nvidia intends to invest in OpenAI's next fundraising round, described as the "largest private round ever raised in history."
- Nvidia has a long-standing relationship with OpenAI, providing the GPUs for its AI models.
- OpenAI CEO Sam Altman recently praised Nvidia's chips but acknowledged shortages and explored deals with competitors.
- Altman also dismissed rumors of friction, stating OpenAI hopes to be a "gigantic customer" for Nvidia.
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