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Nvidia is unable to commit $100 billion to OpenAI because of the IPO, according to CEO Jensen.

Nvidia is unable to commit $100 billion to OpenAI because of the IPO, according to CEO Jensen.

101 finance101 finance2026/03/04 19:00
By:101 finance

Nvidia CEO Comments on OpenAI Investment Prospects

On March 4, Nvidia's chief executive Jensen Huang remarked that investing $100 billion in OpenAI is unlikely, as the company behind ChatGPT is preparing for a public offering later this year.

Speaking at the Morgan Stanley Technology, Media and Telecom conference on Wednesday, Huang stated, "We're planning to invest $30 billion in OpenAI. However, the chance to invest $100 billion is probably off the table, mainly because they're moving toward going public."

Reported by Juby Babu in Mexico City; edited by Shinjini Ganguli.

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