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Mar 5, 2026 4:00 AM

Jensen Huang Says Nvidia's $30 Billion OpenAI Investment 'Might Be The Last' Before IPO

NVIDIA Corporation (NASDAQ:NVDA) CEO Jensen Huang has indicated that the firm’s latest $30 billion investment in OpenAI "might be the last time" before the AI startup goes public.

At the Morgan Stanley Technology, Media & Telecom Conference in downtown San Francisco on Wednesday, Huang said he doesn’t foresee the possibility of investing $100 billion in OpenAI, a figure previously proposed as part of a large-scale infrastructure deal in September. The reason behind this, he clarified, is OpenAI’s impending IPO.

He also noted that Nvidia’s $10 billion investment in OpenAI competitor, Anthropic, would also probably be its last. NVIDIA had earlier disclosed its intention to invest in Anthropic alongside Microsoft Corporation (NASDAQ:MSFT) in November, reported CNBC.

Marked Shift From Prior Deal

NVIDIA’s latest $30 billion equity investment in OpenAI was a