Nvidia nears $20B OpenAI stake as CEOs dismiss $100B freeze rumors

Nvidia is close to committing $20 billion to OpenAI, a move that would be the chipmaker's largest single investment and part of a funding round that could reach $100 billion. Both companies' CEOs rejected speculation of strained ties, with Jensen Huang saying the next financing is a major commitment and Sam Altman signaling long-term demand for Nvidia's AI chips.