Nvidia is close to finalizing a $30 billion investment in OpenAI, according to a Reuters report citing people familiar with the matter. This comes as the chipmaker moves to take a stake in the AI company, which is one of its biggest customers. Softbank and Amazon are also likely to participate in the round, according to the report.
This investment could replace a previous commitment to invest up to $100 billion to support OpenAI’s use of its chips in data centers. Previous reports indicated that this plan has stalled after some inside the chip giant expressed doubts about the deal.
Nvidia CEO Jensen Huang had said that the $100 billion OpenAI investment was “never a commitment. The Wall Street Journal had also mentioned that Huang has also “privately criticized” OpenAI’s approach, a claim Huang pushed back on.
READ: Nvidia to invest $20 billion in OpenAI funding round (
Nvidia had said in September 2025 that it planned to invest approximately $100 billion in artificial intelligence firm OpenAI under a new partnership. According to Reuters, the two firms revealed a letter of intent outlining a major strategic alliance, which includes plans to provide OpenAI with a minimum of 10 gigawatts of Nvidia chips to power its AI infrastructure.
This deal was considered a transformative moment not only for the two companies involved but also for the entire semiconductor industry, AI development, and global technology ecosystems. It had led to fervent discussions about circular deals between the largest players in artificial intelligence.
The 30 billion investment is not tied to any deployment commitment. The deal has not yet been finalized, and it is subject to change.
Nvidia had planned to invest an initial $10 billion once the two sides reached a definitive agreement for OpenAI to purchase Nvidia systems, Reuters reported in September.
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The agreement ended up taking much longer than both parties expected. OpenAI is also engaging in fundraising discussions with other investors, and the total round could close at around $100 billion, according to CNBC.
The startup’s funding round could close in two parts, beginning with investments from strategics like Amazon, Microsoft and Nvidia.
The Reuters report also said OpenAI is set to use much of the fresh capital to purchase Nvidia’s chips, which power the training and deployment of its artificial intelligence models.
Meanwhile Softbank said on an earnings call last week that “nothing has been decided” on the subject of its anticipated investment in OpenAI.