Nvidia is nearing a deal to invest roughly $20 billion in OpenAI as a part of its newest funding spherical, an individual aware of the matter informed Reuters on Tuesday.
ChatGPT maker OpenAI is wanting to elevate up to $100 billion in its newest funding spherical, valuing it at about $830 billion, Reuters had reported final week.
Corporations together with Amazon and SoftBank Group Corp are racing to forge partnerships with OpenAI, betting that nearer ties with the artificial-intelligence startup would give them a aggressive edge in the AI race.
The Nvidia-OpenAI deal shouldn’t be finalised but, the source mentioned. Bloomberg Information reported earlier in the day that Nvidia was nearing a deal with OpenAI.
The information comes days after the Wall Avenue Journal reported that Nvidia’s September plan to invest $100 billion in OpenAI and provide it with information heart chips had stalled after the chipmaker expressed doubts concerning the deal.
The deal had been anticipated to shut inside weeks however negotiations have dragged on for months.
Nvidia CEO Jensen Huang has denied claims he was sad with the ChatGPT maker and mentioned on Saturday that the corporate plans to make a “large” funding in OpenAI, in all probability its largest ever.
Huang additionally informed CNBC earlier on Tuesday that Nvidia would contemplate investing in OpenAI’s subsequent fundraising spherical and the startup’s eventual preliminary public providing.
Reuters reported on Monday that OpenAI is unhappy with a few of Nvidia’s newest AI chips, and it has sought options since final yr, probably complicating their relationship.
OpenAI Chief Government Sam Altman mentioned after the Reuters report that Nvidia makes “one of the best AI chips in the world” and that the corporate hopes to stay a “gigantic buyer for a really very long time”.
Printed on February 4, 2026
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