Nvidia, OpenAI near $30 billion investment in place of unfinished $100 billion deal, FT reports

Nvidia and OpenAI logos are seen in this illustration taken, September 22, 2025. REUTERS
(Reuters) – Nvidia is close to finalizing a $30 billion investment into OpenAI that will replace the long-term $100 billion commitment agreed upon by the companies last year, the Financial Times reported on Thursday, citing sources.
The deal, which would be part of a new funding round for the artificial intelligence start-up, could be finalized as early as this weekend, the report added.
ChatGPT maker OpenAI is looking to raise up to $100 billion in its latest funding round, valuing it at about $830 billion, Reuters reported in January.
OpenAI will reinvest much of its new capital into Nvidia hardware, but the companies will not proceed with the $100 billion multi-year investment partnership they announced in September, according to the FT report.

Reporting by Carlos Méndez in Mexico City; Editing by Rashmi Aich

 

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