奥特曼无能，英伟达撤单OpenAI投资？黄仁勋街头回应了

"It's complete nonsense!"

Rumors are spreading that the century - long megadeal worth hundreds of billions of dollars between NVIDIA and OpenAI has fallen through, and that Jensen Huang privately complained about Sam Altman's incompetence and profligate spending. Many people speculate that this golden partnership in the AI circle is about to break up.

Less than 24 hours later, Jensen Huang strongly responded directly: No Sense!

When Jensen Huang was interviewed on the street, he not only dispelled the rumors but also generously stated: I highly appreciate Sam Altman.

In short, what he meant was that NVIDIA will definitely invest in OpenAI's latest round of financing, and this investment is most likely to be the largest investment ever.

Suddenly Reported that the Cooperation Has Stalled

In September 2025, NVIDIA and OpenAI publicly signed a letter of intent at their California headquarters, with a maximum investment of $100 billion and a plan to jointly build at least a 10GW AI data center.

What does this scale mean?

A 10GW power supply is equivalent to the peak power consumption of the entire New York City. At that time, Jensen Huang was extremely bold and declared it the "largest computing power project in history", causing NVIDIA's stock price to rise by 4% immediately.

Unexpectedly, The Wall Street Journal suddenly reported that NVIDIA's investment plan in OpenAI has "almost stalled", adding a touch of reversal to this cooperation.

The report said that, according to people familiar with the matter, Jensen Huang privately told industry peers in the past few months that the $100 - billion cooperation agreement announced by the two sides in September last year was actually non - binding and had not been finally finalized.

The report also claimed that he privately criticized without reservation that OpenAI's current business strategy lacks discipline and has a chaotic rhythm. At the same time, he also said bluntly that he is worried about the fierce competition brought by opponents such as Google's Gemini and Anthropic's Claude, fearing that OpenAI may not be able to maintain its leading edge.

As soon as the news came out, many people were speculating whether Jensen Huang really had an issue with Sam Altman...

Less than 24 hours later, Jensen Huang strongly responded during a street interview: It's false. I really enjoy collaborating with Sam Altman.

We will make a huge investment in OpenAI. Yes, I believe in OpenAI. They are one of the most influential companies of our time, and I really like working with Sam.

OpenAI is in the process of completing its financing, and we will definitely participate. We will invest a large amount of money, which may be the largest investment we've ever made.

Moreover, this round of financing for OpenAI is quite lively. Not only is NVIDIA determined to invest, but Microsoft, Amazon, etc. are also in discussions.

Market news keeps emerging. Amazon is reported to plan to invest up to $50 billion in OpenAI and also wants to expand their cloud service and computing power cooperation;

As an old shareholder, Microsoft's proposed investment is less than $10 billion, but it has the deepest foundation;

In addition, SoftBank is said to be in secret discussions, with a potential investment of $30 billion;

Even a group of Middle Eastern sovereign wealth funds are queuing up to get a share of the pie.

Based on multiple sources, NVIDIA's proposed investment in this round is most likely in the range of tens of billions of dollars. And NVIDIA's additional investment in cloud computing power provider CoreWeave was only $2 billion before.

Although Jensen Huang didn't mention the $100 - billion amount in his response this time, if Amazon's proposed $50 - billion investment can materialize, NVIDIA needs to play a key role to claim the title of "the largest investment ever".

From One Supercomputer to a $100 - Billion Bond

The pleasant cooperation between Jensen Huang and Sam Altman dates back to a decade ago.

In 2016, Jensen Huang personally delivered a DGX - 1 supercomputer to OpenAI's San Francisco office. At that time, OpenAI was just a small non - profit organization.

From 2016 to 2022, from the early GPT series models, to the milestone GPT - 3, and then to ChatGPT, which later took the world by storm, almost all the training and inference of OpenAI's core large models highly relied on NVIDIA GPUs for computing power support.

During this period, NVIDIA gradually evolved from a hardware supplier to the core pillar of OpenAI's computing power, and OpenAI's breakthroughs also consolidated NVIDIA's dominant position in the AI chip field.

In April 2024, Jensen Huang visited again in person and delivered the first unit of the new - generation Hopper - architecture flagship supercomputer DGX H200 to OpenAI. OpenAI President Brockman publicly posted a photo to announce this, which was used for the research, development, and inference acceleration of GPT - 4 and subsequent models.

In October 2024, the cooperation between the two sides was upgraded again.

NVIDIA officially participated in OpenAI's financing round and became one of its shareholders. At that time, OpenAI raised $6.6 billion in that round, and its valuation reached $157 billion.

Although NVIDIA's shareholding ratio is relatively limited, this move marked the upgrade of their cooperation from a technical level to a strategic bond at the capital level.

On September 22, 2025, the cooperation between the two companies reached a real climax.

The two sides jointly announced the signing of a letter of intent to launch the so - called "largest infrastructure project in AI history". As soon as the news came out, NVIDIA's stock price soared, and its market value approached $4.5 trillion.

OpenAI plans to deploy at least 10GW of NVIDIA systems, and NVIDIA promised to invest up to $100 billion (equivalent to more than 700 billion RMB) in stages.

The investment will be gradually in place with the deployment of each GW of computing power. The first gigawatt will use NVIDIA's Vera Rubin platform and is expected to be launched in the second half of 2026.

Jensen Huang described this as a decade - long leap from the DGX - 1 in 2016 to the current 10GW.

Now, by personally clarifying that the cooperation has not stalled, supporting Sam Altman, and announcing the definite investment, it also means that this golden "hardware + model" cooperation spanning a decade will continue to be bound...

However, just like a cunning rabbit having three burrows, Jensen Huang has also placed significant bets on OpenAI's competitors, Anthropic and xAI.

If Sam Altman doesn't work out, there are plenty of others. (Just kidding)

Reference Links:

[1]https://www.wsj.com/tech/ai/the-100-billion-megadeal-between-openai-and-nvidia-is-on-ice-aa3025e3

[2]https://www.bloomberg.com/news/articles/2026-01-31/nvidia-to-join-openai-s-current-funding-round-huang-says

This article is from the WeChat official account "QbitAI". The author focuses on cutting - edge technology. It is published by 36Kr with authorization.