NVIDIA CEO says OpenAI IPO limits investment opportunity

NVIDIA CEO says OpenAI IPO limits investment opportunity

NVIDIA CEO Affirms Commitment to OpenAI Despite Potential IPO Plans

Nvidia CEO Jensen Huang has reaffirmed the company's commitment to a significant investment in OpenAI, dismissing reports of internal concerns about the partnership. During remarks in Taipei on January 31, 2026, Huang stated that Nvidia plans to make its "largest investment ever" in OpenAI, though he clarified it would not exceed $100 billion—the original figure announced in September 2025. This follows speculation from The Wall Street Journal that the deal had stalled due to internal skepticism and concerns about OpenAI's business discipline according to CNBC reports.

Huang emphasized that the investment remains active, with OpenAI CEO Sam Altman leading efforts to finalize funding. "We will invest a great deal of money, probably the largest investment we've ever made," Huang said, adding that the exact amount would depend on Altman's fundraising goals as reported. OpenAI is reportedly seeking up to $100 billion in total funding, which would value the company at approximately $830 billion according to Reuters. Amazon is also in talks to contribute up to $50 billion to the round as CNBC reported.

The potential scale of OpenAI's funding has fueled speculation about a historic initial public offering (IPO). A separate report noted OpenAI's $110 billion valuation as of February 27, 2026, positioning it to potentially surpass past tech IPO benchmarks like Meta's 2012 debut ($104 billion) according to Yahoo Finance. While Huang did not directly address IPO plans, his comments suggest continued private investment activity ahead of any public listing.

Nvidia's stance contrasts with earlier reports of internal reservations, highlighting the strategic importance of OpenAI in maintaining dominance in AI chip demand. Huang's remarks aim to reassure stakeholders as the tech sector braces for intensified competition in generative AI development.

Reuters, January 31, 2026: Reuters, January 31, 2026
CNBC, January 31, 2026: CNBC, January 31, 2026
Yahoo Finance, February 27, 2026: Yahoo Finance, February 27, 2026