""It was never a commitment," Huang told reporters in Taipei on Sunday. "They invited us to invest up to $100 billion and of course, we were, we were very happy and honored that they invited us, but we will invest one step at a time.""
""We will invest a great deal of money," Huang told reporters then. "I believe in OpenAI. The work that they do is incredible. They're one of the most consequential companies of our time.""
""That's nonsense.""
Nvidia framed the proposed up-to-$100 billion investment in OpenAI as nonbinding, indicating any funding would be handled one round at a time. A letter of intent outlined plans to support new data centers and AI infrastructure, targeting at least 10 gigawatts of power equipped with Nvidia chips for model training and deployment. Some inside Nvidia expressed doubts about the arrangement, raising concerns about business discipline and competition. Nvidia described the invitation to invest as an honor, called the potential contribution huge and possibly the company's largest, but did not specify amounts for the current funding round.
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