Nvidia CEO Jensen Huang has categorically rejected a report suggesting friction between his company and OpenAI, calling the claims “nonsense.” This is our statement in response to the above-linked The Wall Street Journal article. That’s what triggered the news this week — that Nvidia is reportedly reevaluating a planned investment of up to $100 billion in OpenAI, the artificial intelligence powerhouse. Huang’s comments were delivered at a press conference in Taipei.
Back in September, Nvidia and OpenAI announced a massive proposal. They want to build out 10 gigawatts of computing infrastructure to supercharge OpenAI’s business. Through this new investment, the strategic partnership hopes to develop the computational capabilities required to push artificial intelligence technology to its fullest potential. Huang fielded questions on the details of Nvidia’s investment. He refused to say how much, but said it would be “huge.”
“We will invest a great deal of money,” – Jensen Huang
Huang’s confidence in OpenAI was hard to miss—as was his enthusiasm for the organization’s accomplishments and potential for further shaping the tech industry’s future. He stated, “I believe in OpenAI. The work that they do is incredible. They’re one of the most consequential companies of our time.” His remarks are further testament to the role of the partnership between Nvidia and OpenAI in determining the trajectory of the world’s most transformative technology.
Huang urged for any news of OpenAI’s fundraising to be announced by their CEO Sam Altman.
“Let [OpenAI CEO Sam Altman] announce how much he’s going to raise — it’s for him to decide,” – Jensen Huang
The partnership between Nvidia and OpenAI has received high-profile coverage, especially with the growing demand for sophisticated AI tools. Nvidia has positioned itself at the center of generative AI development, thanks to its critical hardware and infrastructure. Over at the same time, OpenAI is setting the pace on both AI research and innovation.
The Wall Street Journal’s report has raised questions among industry analysts about the financial dynamics between these two influential companies. Huang’s assertions aim to quell concerns over any potential rifts, reinforcing Nvidia’s commitment to its partnership with OpenAI.
