Nvidia shares are down after report that its OpenAI investment stalled
ThinkingNews Desk · how this was written
Nvidia’s stock fell after reports that its planned investment in OpenAI has stalled, casting uncertainty on the deal. While Nvidia is reportedly close to committing $20 billion as part of OpenAI’s $100 billion funding round, OpenAI is also exploring other chip providers because of speed concerns with inference tasks.
Written from all 3 reports below, not from any single one.
How it was reported
- Hacker News·Nvidia shares are down after report that its OpenAI investment stalled
Nvidia's shares have declined due to a report that its investment in OpenAI has stalled. The investment's status is uncertain, affecting Nvidia's stock. Nvidia's involvement with OpenAI is significant.
- Ars Technica·Nvidia's $100 billion OpenAI deal has seemingly vanished
Nvidia's $100 billion investment in OpenAI's AI infrastructure has stalled. OpenAI is reportedly seeking alternatives to Nvidia chips due to speed issues with inference tasks. OpenAI CEO Sam Altman expressed desire to continue working with Nvidia.
- TechMeme·Sources: Nvidia is nearing a deal to invest $20B in OpenAI as part of OpenAI's $100B funding round (Bloomberg)
Nvidia is nearing a deal to invest $20 billion in OpenAI. This investment is part of OpenAI's $100 billion funding round. Nvidia's investment marks its largest in the ChatGPT developer.
Related stories
- Sources: Anthropic is in talks to bring on Nvidia as an anchor investor in its IPO, seeking up to $100B at a ~$2T valuation; Nvidia may invest up to $10B (Reuters)3 outlets
- Source: OpenAI expects to raise an additional $10B from financial investors by the end of March 2026, bringing its post-investment valuation to $850B (Stephanie Palazzolo/The Information)5 outlets
- Nvidia’s Hugging Face Acquisition Is a $12.9 Billion Bet on Open-Source AI8 outlets
- Nvidia investing $1.5B in SoftBank data center developer behind OpenAI project3 outlets