Nvidia CEO says $100 billion OpenAI investment is unlikely
Mar 5th 2026
At a Morgan Stanley event, Nvidia CEO Jensen Huang said OpenAI's potential IPO makes a $100 billion private investment unlikely and could close the window for major future deals.
- Jensen Huang told a Morgan Stanley conference in San Francisco on March 4, 2026 that investing $100 billion in OpenAI is probably not in the cards.
- Huang cited OpenAI's plans to go public, possibly by the end of the year, as a key reason private investment at that scale may be limited.
- Nvidia had previously pledged it could spend up to $100 billion on OpenAI in total.
- Huang said this might be the last time Nvidia has the chance to invest in a private, consequential company like OpenAI.