NVIDIA CEO clarifies investment in OpenAI doesn't require using investment to purchase NVIDIA technology

NVIDIA CEO clarifies investment in OpenAI doesn't require using investment to purchase NVIDIA technology

NVIDIA Corp. CEO Jensen Huang recently addressed concerns surrounding the company's investment in OpenAI, clarifying that the funds will not be used to purchase NVIDIA technology. Instead, the investment is aimed at supporting OpenAI's data-center buildout, which will utilize millions of Nvidia chips . The $100 billion commitment, announced earlier this month, is part of a broader strategy to fuel the growth of AI infrastructure. OpenAI, the leading AI startup, has agreed to fill these data centers with Nvidia chips, a move that underscores the critical role Nvidia's technology plays in the AI ecosystem . This investment is part of a larger trend in the semiconductor industry, where companies are increasingly collaborating to expand their reach in AI. Nvidia's partnership with OpenAI is not only a significant financial commitment but also a strategic move to secure its position at the forefront of AI innovation . Despite the criticism of the "circular" nature of the deal, Nvidia's CEO emphasized that the investment is driven by the company's belief in the transformative potential of AI. The partnership with OpenAI is expected to generate substantial revenue for Nvidia, with the company projecting over $500 million in annual revenue from GPUs by Q1 2026 . In conclusion, Nvidia's investment in OpenAI is a strategic move aimed at supporting the growth of AI infrastructure. The clarification from Nvidia's CEO that the funds will not be used to purchase Nvidia technology should alleviate concerns and highlight the company's commitment to driving AI innovation.