Nvidia CEO Huang denies he is unhappy with OpenAI, says 'huge' investment planned

TAIPEI, Jan 31 (Reuters) - Nvidia plans to marque a "huge" concern into OpenAI, astir apt its largest ever, CEO Jensen Huang said connected Saturday, denying helium was ​unhappy with the ChatGPT maker.

The chipmaker successful September announced plans to put up ‌to $100 cardinal successful OpenAI, a woody that would springiness OpenAI the currency and entree it needs to bargain precocious ‌chips that are cardinal to maintaining its dominance successful an progressively competitory landscape.

The Wall Street Journal reported connected Friday that the program had stalled aft immoderate wrong the spot elephantine expressed doubts astir the deal.

The study said Huang had privately underlined to manufacture associates successful caller ⁠months that the archetypal $100 cardinal statement ‌was non-binding and not finalised.

Huang has besides privately criticised what helium has described arsenic a deficiency of subject successful OpenAI's concern attack and ‍expressed interest astir the contention it faces from the likes of Alphabet's GOOGL.O Google and Anthropic, the WSJ said.

Speaking to reporters successful Taipei, Huang said it was "nonsense" to accidental helium was unhappy with ​OpenAI.

"We are going to marque a immense concern successful OpenAI. I judge successful OpenAI, ‌the enactment that they bash is incredible, they are 1 of the astir consequential companies of our clip and I truly emotion moving with Sam," helium said, referring to OpenAI CEO Sam Altman.

"Sam is closing the circular (of investment) and we volition perfectly beryllium involved," Huang added. "We volition put a large woody of money, astir apt the largest concern we've ever made."

Asked ⁠whether it would beryllium implicit $100 billion, helium said: "No, no, ​nothing similar that".

It was up to Altman to ​announce however overmuch helium wanted to raise, Huang added.

Amazon is successful talks to put dozens of billions successful OpenAI and the fig could beryllium arsenic ‍high arsenic $50 billion, Reuters ⁠reported connected Thursday.

OpenAI is looking to rise up to $100 cardinal successful funding, valuing it astatine astir $830 billion, Reuters has antecedently reported.

Huang was speaking extracurricular a Taipei edifice ⁠having hosted each Nvidia's cardinal suppliers successful Taiwan, including the world's largest declaration chipmaker TSMC, successful what Taiwanese ‌media called the "trillion-dollar dinner" due to the fact that of the combined marketplace capitalisation of those ‌attending.

(Reporting by Ben Blanchard, Editing by Timothy Heritage)