According to NVIDIA CEO Jensen Huang, the company still plans a substantial investment in OpenAI. Huang stated that NVIDIA would be putting a "great deal of money" into OpenAI's latest funding round. This follows reports that a previously discussed $100 billion deal between the two companies was being reevaluated. Huang called the reports "nonsense" while reaffirming his belief in OpenAI's work.

This announcement is a reversal from earlier reports that a major deal was on hold. In September, NVIDIA and OpenAI had jointly announced a potential $100 billion investment to build AI data centers. However, disagreements reportedly arose regarding OpenAI's business practices. The ongoing partnership is vital for both companies, given the demand for AI infrastructure.

While the exact amount wasn't specified, Huang indicated it could be NVIDIA's largest investment ever. The relationship between NVIDIA and OpenAI is crucial because of NVIDIA's dominance in AI hardware and OpenAI's leading position in AI software. The future of AI heavily relies on these types of collaborations.

What remains unclear is the exact size of NVIDIA's new investment. The initial plan involved a massive infrastructure build-out, but the specifics of the revised deal are not yet public. Those details will be key to understanding the scope of the collaboration and its impact on the wider AI sector. More information is expected soon.