""We will invest a great deal of money," Huang told reporters while visiting Taipei on Saturday. "I believe in OpenAI. The work that they do is incredible. They're one of the most consequential companies of our time.""
""Let Sam announce how much he's going to raise - it's for him to decide," Huang said, adding that Altman is in the process of closing the round. "But we will definitely participate in the next round of financing because it's such a good investment.""
""the largest investment we've ever made.""
""That's nonsense.""
Nvidia will participate in OpenAI's latest funding round and plans a substantial contribution, which Jensen Huang described as potentially the company's largest investment. Huang said Nvidia will invest a great deal of money and called OpenAI one of the most consequential companies of our time, while declining to specify an amount. A previously announced plan for Nvidia to invest as much as $100 billion overall stalled after internal doubts; Huang emphasized that the $100 billion agreement was nonbinding and said Nvidia's upcoming contribution will not approach $100 billion. Investors have raised concerns about circular AI deals that may artificially prop up chip demand.
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