Nvidia is close to finalising a 30 billion dollar investment in OpenAI, according to a report by the Financial Times. The proposed agreement would replace the long term 100 billion dollar commitment that the companies announced last year. Sources told the newspaper that both sides have entered the final stages of negotiations.
New Funding Round Takes Shape
The report states that the deal forms part of a new funding round for the artificial intelligence start up. Moreover, the companies could conclude the agreement as early as this weekend. Such a move would mark a significant shift from the previous multi year partnership unveiled in September.
Reuters could not immediately verify the Financial Times report. However, Nvidia declined to comment when asked about the development. As a result, uncertainty still surrounds the precise terms of the proposed investment.
Earlier this year, Reuters reported that OpenAI aimed to raise up to 100 billion dollars in its latest funding round. That effort would value the company at approximately 830 billion dollars. Therefore, the potential Nvidia investment would play a central role in that broader capital raising plan.
Shift From Previous Commitment
Although Nvidia and OpenAI previously announced a 100 billion dollar multi year investment partnership, they now appear ready to abandon that structure. Instead, the companies plan to proceed with a revised arrangement focused on the 30 billion dollar investment.
According to the Financial Times, OpenAI will reinvest much of its new capital into Nvidia hardware. Consequently, Nvidia would still benefit substantially from OpenAI’s expansion. However, the companies will not move forward with the earlier 100 billion dollar framework.
This shift signals a recalibration rather than a retreat. While the total headline figure has changed, the strategic relationship between the two companies remains intact. In addition, the fresh funding round could strengthen OpenAI’s ability to scale its operations.
Market Attention Intensifies
Investors continue to monitor developments closely. Because OpenAI stands at the forefront of artificial intelligence innovation, any major funding announcement draws immediate market interest. Likewise, Nvidia plays a critical role in supplying the hardware that powers advanced AI systems.
If finalised, the new investment would underscore Nvidia’s commitment to supporting OpenAI’s growth. At the same time, it would provide OpenAI with substantial resources to pursue its ambitions. For now, both companies remain silent, and observers await official confirmation of the reported Nvidia OpenAI discussions.
Inputs from Reuters.