The deal between Nvidia and OpenAI remains at the core of a high-stakes, long-horizon partnership, with Nvidia signaling a significant, potentially historic investment and OpenAI framing the alliance as enduring.

Huang publicly refuted non-binding claims about the investment and reiterated Nvidia’s commitment to funding OpenAI, describing it as possibly the largest investment the company has ever made.

Altman praised Nvidia as the best source of AI chips and said OpenAI aims to be a large, long-term customer, underscoring mutual dependence.

Tensions emerge as OpenAI reportedly evaluates alternatives to certain Nvidia chips, which could complicate negotiations given Nvidia’s central role as a hardware supplier.

Industry observers view the talks as reflecting the enormous financial stakes and strategic importance of ties between top AI developers and infrastructure providers.

Market sentiment remains bullish on Nvidia, with most analysts rating it a Strong Buy and noting the stock trades around $180 against a higher average target, even as terms of future investment remain unresolved.

OpenAI’s revenue trajectory points toward about $20 billion in annual sales eventually, but profitability is not expected before around 2030, highlighting the long horizon of the partnership.

OpenAI reportedly seeks up to $100 billion in new funding, valuing the company near $830 billion and signaling strong demand for strategic AI collaboration.

Interest from other giants, including Amazon and SoftBank, in investing or partnering with OpenAI, underscores intensified competition in the AI arena.

Industry reports have suggested Nvidia’s planned up-to-$100 billion OpenAI investment may be non-binding, causing investor concern as Nvidia’s stock reacts.

Despite frictions, Nvidia and OpenAI remain tightly linked: OpenAI relies on Nvidia GPUs for growth while Nvidia seeks to safeguard dominance and address competitive dynamics.

OpenAI’s shift toward SRAM-heavy chips for lower latency leads Nvidia to license SRAM technology from Groq as part of a broader strategic pivot.