Nvidia is close to finalising a $30 billion investment in OpenAI as part of a funding round that could exceed $100 billion, underscoring the deepening financial ties among leading artificial intelligence players.
According to a person familiar with the matter, the proposed investment would value OpenAI at about $830 billion, positioning it among the most highly valued private companies globally and marking one of the largest capital raises on record. The round is also expected to include participation from SoftBank Group and Amazon, Reuters previously reported.
The transaction would formalise a closer alignment between the chipmaker and one of its largest customers. OpenAI relies on Nvidia’s processors to train and deploy its AI models, and much of the new capital is expected to be directed towards purchasing Nvidia’s chips for data centre infrastructure. Nvidia declined to comment on the reported investment.
The proposed deal would replace a commitment announced in September under which Nvidia had planned to invest up to $100 billion to support OpenAI’s chip purchases. At that time, Reuters reported that Nvidia intended to make an initial $10 billion investment once a definitive systems agreement was reached. Negotiations over that arrangement took longer than anticipated, according to the source.
The scale of the funding round highlights how chip suppliers, cloud providers and model developers are increasingly intertwined as competition intensifies to build advanced AI systems. By taking an equity stake in OpenAI, Nvidia would move beyond a supplier relationship into a strategic investor role, tightening links within an industry where capital, computing capacity and model development are becoming ever more closely integrated.
