Nvidia’s OpenAI investment may not be as big as once hoped — and tech stocks are falling

Investors in artificial-intelligence stocks may be getting a lesson about the difference between press-release hype and reality.

The Wall Street Journal reported late on Friday that Nvidia’s

NVDA plan to invest up to $100 billion in OpenAI had “stalled” due to internal doubts — partly related to the ChatGPT creator’s future competitive positioning. Nvidia instead could conduct a different sort of OpenAI investment, by participating in the company’s next large funding round, the story said.