Record-breaking AI funding round takes shape
Nvidia is close to finalizing a $30 billion investment in OpenAI, according to a person familiar with the matter, marking a major expansion of financial ties between the leading AI chipmaker and one of its largest customers.
The investment would be part of a broader fundraising round in which OpenAI is seeking to raise more than $100 billion. If completed at the anticipated valuation of approximately $830 billion, the transaction would rank among the largest private capital raises in history.
Strategic tech giants expected to join
OpenAI has drawn interest from several prominent technology players. SoftBank Group and Amazon are also expected to participate in the round, according to prior reports. Their involvement underscores the strategic urgency across the tech sector as companies seek deeper exposure to advanced artificial intelligence platforms.
The deal highlights increasingly intertwined relationships among semiconductor manufacturers, cloud providers and AI model developers competing to dominate next-generation computing.
Replacing earlier infrastructure commitment
The proposed equity investment would effectively replace a prior framework announced in September, under which Nvidia outlined plans to invest up to $100 billion over time to support OpenAI’s use of its chips in data centers.
Under that earlier structure, Nvidia had planned to commit an initial $10 billion once a definitive agreement was reached for OpenAI to purchase Nvidia systems. That agreement reportedly took longer than anticipated to finalize.
Nvidia declined to comment on the latest negotiations.
Capital to fuel chip purchases
Much of the fresh capital raised by OpenAI is expected to be directed toward acquiring Nvidia’s advanced GPUs, which power the training and deployment of large-scale AI models such as ChatGPT. The chips are central to building and operating the massive compute infrastructure required by modern generative AI systems.
Deepening AI ecosystem integration
The investment illustrates how the AI value chain is consolidating around shared capital, hardware supply and long-term strategic partnerships. Rather than operating solely as vendor and customer, companies like Nvidia and OpenAI are increasingly aligning financial incentives alongside commercial agreements.
If completed as outlined, the round would cement OpenAI’s position among the most valuable private technology firms globally while reinforcing Nvidia’s critical role at the heart of the AI infrastructure boom.
