Nvidia Close to $30 Billion Investment in OpenAI Funding Round

Nvidia Close to $30 Billion Investment in OpenAI Funding Round

Nvidia is in discussions to invest up to $30 billion in OpenAI as part of a funding round that could value the AI startup at $730 billion pre-money, according to sources familiar with the matter.

Investment Details

The $30 billion investment represents a significant shift from a previous $100 billion infrastructure agreement announced in September 2025. That deal outlined a structure where Nvidia would invest in OpenAI over several years as it brought new supercomputing facilities online, with the first $10 billion deployed when its first gigawatt facility was completed.

The new $30 billion deal is separate from the earlier infrastructure agreement and is not tied to any deployment milestones, according to the source. The deal is not final and details are still subject to change.

Background

The September announcement, which rocked the tech sector, sparked a flurry of subsequent infrastructure deals. Questions about the status of the original agreement have been swirling in recent months, particularly after the Wall Street Journal reported in January that the deal was "on ice."

Nvidia had previously said in its quarterly financial report in November that there was "no assurance that we will enter into definitive agreements with respect to the OpenAI opportunity or other potential investments."

OpenAI CEO Sam Altman tried to shrug off concerns about the deal, writing on X that the company loves working with Nvidia, and that he doesn't "get where all this insanity is coming from."

Nvidia CEO Jensen Huang also addressed the potential rift during an interview with CNBC's Jim Cramer earlier this month, saying there was "no question" that the company would invest in OpenAI's next funding round.

Broader Funding Context

OpenAI is engaging in fundraising discussions with other investors, and the total round could close at around $100 billion. The startup's funding round could close in two parts:

• •First investments from strategics like Amazon, Microsoft, and Nvidia
• •Later contributions from a broader pool of investors

This represents one of the largest funding rounds in technology industry history, underscoring the intensifying competition in the AI space.

---

Sources:

• •CNBC: Nvidia in talks to invest up to $30 billion in OpenAI
• •Financial Times: Nvidia and OpenAI abandon unfinished $100bn deal