In a show of long-term commitment, Nvidia's CEO signals a deep betting stance on OpenAI, hinting at future funding rounds or even an OpenAI IPO, while OpenAI's leadership emphasizes the enduring value of the Nvidia partnership.

Huang pushes back on non-binding fundraising chatter and reiterates that Nvidia’s investment in OpenAI could be among its largest ever.

Altman defends the alliance, noting Nvidia’s chips are top-tier and that OpenAI aims to be a large, long-term customer.

Tensions surface as OpenAI reportedly considers alternatives to certain Nvidia chips, potentially complicating negotiations given Nvidia’s role as a core supplier.

Industry observers frame the deal as a high-stakes, strategic convergence between leading AI developers and infrastructure providers.

Sentiment remains that the partnership endures, yet precise terms of future investment are unsettled; most analysts rate Nvidia as a Strong Buy, with shares near $180 versus a target around $255.

OpenAI’s revenue trajectory toward roughly $20 billion annually underscores a long-horizon, high-stakes partnership, with profitability not anticipated until around 2030.

OpenAI seeks up to $100 billion in new funding, valuing the company at about $830 billion and signaling strong demand for strategic AI ties.

Other major players, including Amazon and SoftBank, are exploring investments or partnerships with OpenAI, highlighting intensified competition for AI leadership.

Reports suggest the potential up-to-$100 billion OpenAI investment from Nvidia may be non-binding, a factor that has spooked investors as Nvidia’s stock moved lower for several days.

Despite friction, Nvidia and OpenAI remain tightly linked, with OpenAI relying on Nvidia GPUs for growth and Nvidia seeking to safeguard its position amid competitive concerns.

OpenAI’s hardware needs are shifting toward SRAM-heavy chips, prompting Nvidia to license SRAM technology from Groq as part of a broader strategic repositioning.