financetom
Business
financetom
/
Business
/
Nvidia's plan to invest up to $100 billion in OpenAI has stalled, WSJ reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Nvidia's plan to invest up to $100 billion in OpenAI has stalled, WSJ reports
Mar 11, 2026 2:24 AM

Jan 30 (Reuters) - Nvidia's ( NVDA ) plan to invest up to $100 billion in OpenAI to help it train and run its latest artificial-intelligence models has ‌stalled after some inside the chip giant expressed ​doubts about the deal, the Wall Street ‍Journal reported on Friday. 

Both ⁠companies are ⁠rethinking the future of their partnership, and the ‌latest discussions include an ​equity investment of tens of billions of dollars as part ⁠of OpenAI's current ‍funding round, ​the Journal said, citing people familiar with the matter. 

Nvidia ( NVDA ) CEO Jensen Huang ‍has privately emphasized to industry associates in recent months that the original $100 billion agreement was non-binding and not finalized, the report said.

Huang has also ​privately ‍criticized what he has described as a lack of discipline in ​OpenAI's business approach and expressed concern about the competition it faces from the likes of Alphabet's Google and Anthropic, the WSJ added.

Reuters could not immediately verify the ​report. OpenAI and Nvidia ( NVDA ) did not immediately respond to Reuters' request for comment.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Asbury Automotive Shares Jumps 11% On Record Q4 Revenue And Strong Earnings Beat
Asbury Automotive Shares Jumps 11% On Record Q4 Revenue And Strong Earnings Beat
Jan 30, 2025
Asbury Automotive Group ( ABG ) shares are trading higher Thursday after the company reported strong fourth-quarter financial results that exceeded analyst expectations. What To Know: The automotive retailer posted adjusted earnings per share of $7.26, beating the consensus estimate of $6.04. Revenue for the quarter reached a record $4.505 billion, surpassing expectations of $4.164 billion and marking an 18%...
OpenAI in talks for investment round valuing it up to $340 billion, WSJ reports
OpenAI in talks for investment round valuing it up to $340 billion, WSJ reports
Jan 30, 2025
(Reuters) - OpenAI is in talks for an investment round that would value the AI startup at up to $340 billion, the Wall Street Journal reported on Thursday. ...
Newmont Unusual Options Activity For January 30
Newmont Unusual Options Activity For January 30
Jan 30, 2025
Financial giants have made a conspicuous bearish move on Newmont ( NEM ). Our analysis of options history for Newmont ( NEM ) revealed 11 unusual trades. Delving into the details, we found 27% of traders were bullish, while 63% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $112,602, and 8...
Rogers Communications Q4 Earnings Beat Expectations, Expects Upto 3% EBITDA Growth In 2025 (CORRECTED)
Rogers Communications Q4 Earnings Beat Expectations, Expects Upto 3% EBITDA Growth In 2025 (CORRECTED)
Jan 30, 2025
Editor’s Note: The story has been updated to correct the original revenue and eps numbers reported in USD and erroneously compared with CAD consensus estimate. Rogers Communication, Inc. shares are trading relatively flat on Thursday. In U.S. dollars, the company reported fourth quarter adjusted earnings per share of $1.04, beating the street view of $0.97. Quarterly sales of $3.92 billion...
Copyright 2023-2026 - www.financetom.com All Rights Reserved