Chipmaker Nvidia has reportedly proposed a $30 billion investment in AI major OpenAI. The deal could be finalized as early as this weekend, as per a report by the Financial Times.
OpenAI and Nvidia have been in talks since last year over investments into the former by the U.S. chip giant. Nvidia had signed a letter of intent for a $100 billion funding in OpenAI in September 2025. In January 2026, however, the Wall Street Journal and other publications reported that the deal had been kept on ice owing to some skepticism that had stemmed on Nvidia’s end regarding OpenAI’s business discipline.
This fresh $30 billion investment proposition from the chipmaker to the AI firm is being reported as a replacement for the previous megadeal.
Key changes in Nvidia-OpenAI proposed deals
With the fresh investment deal, Nvidia is reportedly taking a very straightforward approach. It is essentially going for an equity investment to have the ChatGPT-maker reinvest a significant chunk of the capital back into Nvidia to purchase hardware to grow its AI computing capacity.
This is fairly different from the approach that the chipmaker had proposed earlier last year.
At the time, Nvidia was offering to invest ten increments of $10 billion into OpenAI over multiple years — depending on how OpenAI’s computing demand spiked in the coming times. In exchange, Nvidia had asked for a substantial stake in the AI firm.
OpenAI, at the time as well, was intended to buy Nvidia processors in bulk to be able to deploy 10 gigawatts of new AI computing capacity.
OpenAI backers keep growing amid AI hype
OpenAI is brewing a big funding round, expecting to rope-in a $100 billion investment.
SoftBank, Amazon, and Microsoft are expected to pour in more capital into the AI firm, that is eyeing a valuation of $730 billion.
OpenAI is leading the ambitious Stargate project that aims to establish an international cluster of AI data centres. It has already added the U.S., the UAE, and India to the list of nations that are set to host units of these establishments.
Abu Dhabi’s sovereign wealth fund MGX along with Disney, T.Rowe Price, and Fidelity are among other venture capital and industrial majors that have invested in OpenAI.