NVIDIA CEO: $30 Billion Investment in OpenAI 'Likely the Last,' Rules Out $100 Billion Investment

March 5 (Wall Street News) — NVIDIA CEO Jensen Huang said at the Morgan Stanley Technology, Media & Telecom Conference that the chipmaker’s recent $30 billion investment in OpenAI “may be” its last, as the AI firm plans to go public possibly by the end of this year. Additionally, Huang noted that the chance to invest $100 billion in OpenAI “may not come again,” making this potentially the last shot to back a company of such significance. NVIDIA’s $10 billion investment in OpenAI rival Anthropic may also be its final such move. Huang reiterated that AI computing power deployments have already delivered substantial profitable revenue to businesses — including major publicly traded data center operators like Microsoft. He argued that more computing power for these customers would drive faster revenue growth: a threefold increase in computing power could lead to a threefold revenue jump. He also mentioned that automated design software and system suppliers such as Cadence and Synopsys will become “larger and more important” down the line.