Nvidia (NVDA) Chief Executive Jensen Huang said that his company will “absolutely” be involved in Microsoft (MSFT)-backed OpenAI’s (OPENAI) current funding round, and its contribution could potentially be “the largest investment we’ve ever made.”
“We will definitely participate in the next round of financing, because it’s such a good investment,” Bloomberg News reported, quoting Huang as telling reporters in Taipei, adding, “It’s a great pleasure.”
The Wall Street Journal reported on Thursday that Amazon.com (AMZN) is in talks to invest up to $50B in the Sam Altman-led OpenAI (OPENAI), which has been seeking up to $100B in new capital from investors in its current funding round.
However, Huang added that Nvidia’s (NVDA) investment in the ChatGPT maker will be “nothing like” $100B.
His remarks came close on the heels of a Journal report that indicated on Friday that Nvidia’s (NVDA) plans to invest up to $100B in OpenAI (OPENAI) as part of a blockbuster deal signed in September have stalled after some company insiders expressed doubts about the agreement.