By Yuvraj Malik
Publication Date: 2026-02-02 09:15:00
A WSJ report has said that Nvidia’s $100 billion cloud deal with OpenAI may have been stalled.
- Nvidia is reviewing its nonbinding deal with OpenAI, under which it committed to invest $100 billion in the ChatGPT maker and to build and run its AI infrastructure, according to the report.
- Nvidia might instead invest a large sum in OpenAI’s ongoing equity round.
- CEO Jensen Huang said the company is on track for a large investment.
Nvidia Corp.’s shares declined 2% in early premarket trading on Monday amid reports of a change of mood regarding its massive AI infrastructure deal with OpenAI.
The Wall Street Journal reported late Friday, citing sources, that some Nvidia executives have expressed concern over the September agreement between the two companies, under which Nvidia would invest up to $100 billion and set up and run 10 gigawatts for the ChatGPT maker.
However, Huang brushed off the report while speaking to reporters in Taipei, Taiwan, Bloomberg reported on Sunday. Huang said Nvidia planned investment – the quantum of which OpenAI would decide – would be the chipmaker’s largest deal to date. He did not provide a definitive update on the September agreement with OpenAI.
Nvidia To Deepen OpenAI Partnership; How, Not Sure
The Journal reported that Nvidia CEO Jensen Huang has privately emphasized that the $100 billion agreement was nonbinding, has criticized what he has described as a lack of discipline in OpenAI’s business approach, and expressed concern about…
