CEO Nvidia hinted at stopping investments in OpenAI and Anthropic - ForkLog: cryptocurrencies, AI, singularity, future

# Nvidia CEO hints at halting investments in OpenAI and Anthropic

The recent $30 billion investment in OpenAI “may be the last” for Nvidia before the AI startup goes public. This was stated by the CEO of the tech giant Jensen Huang at the Morgan Stanley conference.

According to him, the $100 billion deal that both companies discussed in September 2025 “seems unlikely.”

“The reason is that they are planning to go public,” — Huang added.

He also mentioned that the $10 billion investment in Anthropic is likely to be the last for similar reasons.

Non-binding agreement

In addition to the $100 billion investment, the September memorandum of strategic partnership between OpenAI and Nvidia involved building an AI infrastructure with a capacity of 10 GW.

At the time of signing, Nvidia’s CEO called the deal a breakthrough in artificial intelligence. However, over time, he began criticizing OpenAI and its business strategy. In November, the chip manufacturer reported in its quarterly earnings that the previously announced investment might not happen.

At the end of January 2026, Wall Street Journal insiders indicated a “freeze” on the agreement. Meanwhile, Huang denied the journalists’ reports.

In its February quarterly report, Nvidia also noted that “there are no guarantees” of signing a deal with Sam Altman’s company.

OpenAI announced its latest $30 billion investment from the tech giant on February 27. In the same round, SoftBank ($30 billion) and Amazon ($50 billion) participated, bringing the total to $110 billion. As part of the agreement, the AI project received an additional 5 GW of capacity from Nvidia — half of what was previously promised.

Likely, Huang and his company are trying to mitigate risks and avoid excessive public attention by reducing investments. Last year’s announcement of large investments sparked debates about an “inflated AI bubble.”

MIT Sloan professor Michael Kusumano described the deal as “a waste” in an interview with the Financial Times. He pointed out the focus on announcements: Nvidia invests $100 billion in OpenAI shares, while the startup reports purchasing chips from the tech giant for the same amount.

Nevertheless, Nvidia still holds significant stakes in OpenAI and Anthropic. Both startups continue to use the company’s technologies and infrastructure.

Recall that in October 2025, media reported that Altman’s company was preparing to go public with a valuation of $1 trillion. Reuters sources expect an application to be filed in the second half of 2026.