Nvidia CEO pushes back against report that his company's $100B OpenAI investment has stalled

Core Viewpoint - Nvidia CEO Jensen Huang dismissed reports of friction with OpenAI as "nonsense," emphasizing the ongoing partnership and investment plans between the two companies [1][3]. Group 1: Investment and Partnership Dynamics - Nvidia plans to invest up to $100 billion in OpenAI and build 10 gigawatts of computing infrastructure for the AI company [1]. - Huang has begun to emphasize that the deal is nonbinding and has privately criticized OpenAI's business strategy while expressing concerns about competitors like Anthropic and Google [2]. - Recent discussions between Nvidia and OpenAI are reportedly focusing on a potential equity investment of tens of billions of dollars, rather than the previously announced $100 billion [2][6]. Group 2: Statements from Key Stakeholders - An OpenAI spokesperson stated that both companies are "actively working through the details of our partnership," highlighting Nvidia's crucial role in powering OpenAI's systems [3]. - Huang reiterated his belief in OpenAI's work, calling it "incredible" and one of the most consequential companies of our time, and confirmed Nvidia's intention to participate in OpenAI's latest funding round [4][3]. - Huang declined to specify the exact amount Nvidia would invest, suggesting that OpenAI CEO Sam Altman should announce the funding details [6].