Nvidia's plan to invest up to $100 billion in OpenAI has stalled, WSJ reports

Nvidia's plan to invest up to $100 billion in OpenAI to help it train and run its latest artificial-intelligence models has stalled after some inside the chip giant expressed doubts about the deal, the Wall Street Journal reported on Friday.



The chipmaker in September announced plans to invest up to $100 billion in OpenAI in a deal that would have given the ChatGPT maker the cash and access it needs to buy advanced chips that are key to maintaining its dominance in an increasingly competitive landscape.



The Journal, citing people familiar with the matter, said the companies are rethinking the future of their partnership, and the latest discussions include an equity investment of tens of billions of dollars as part of OpenAI's current funding round.



Nvidia CEO Jensen Huang has privately emphasized to industry associates in recent months that the original $100 billion agreement was non-binding and not finalized, the report said.