$100B Deal Paused: Nvidia Nears $30B Equity Investment In OpenAI

Neither OpenAI nor Nvidia has officially commented on the revised deal. Nvidia is close to finalising a $30 billion investment in OpenAI, replacing the earlier long-term $100 billion commitment the companies had announced last year as part of a major funding strategy for the AI startup, according to reports. The revised deal, led by Nvidia CEO Jensen Huang, is expected to be structured as an equity investment and could be completed as early as this weekend, people familiar with the matter told the Financial Times. The chipmaker’s $30 billion investment will form part of OpenAI’s broader funding round, which is targeting up to $100 billion and could significantly increase the company’s valuation. Earlier reports suggested the ChatGPT maker could be valued at more than $800 billion once the round closes. As part of the new arrangement, OpenAI is expected to channel a substantial portion of the fresh capital into Nvidia hardware, reflecting the close technological relationship between the two companies. The move marks a shift from the multi-year $100 billion framework announced in September 2025, which was described at the time as a letter of intent and was never formally completed. That earlier agreement had symbolised a deep strategic partnership at the centre of the global AI boom. The change in structure comes amid growing investor caution around the AI sector following volatility in technology stocks this year. Reports have indicated the original large-scale commitment had effectively been paused before the new investment approach emerged. Neither OpenAI nor Nvidia has officially commented on the revised deal. Despite speculation about tensions, both companies have publicly emphasised the strength of their partnership. Sam Altman has described Nvidia as a key long-term technology partner, while Jensen Huang has said Nvidia plans to make a significant investment in OpenAI and dismissed suggestions of strained relations. The latest development highlights how leading AI companies continue to deepen financial and infrastructure ties, with chipmakers playing a central role as startups direct large funding inflows toward computing hardware. Latest News Samannay Biswas author Working as Copy Editor at the Business Desk of Times Now Digital. Dedicated towards crafting interesting financial stories. Previously covered financi ... View More News Business Companies End of Article