OpenAI to raise $100bn, but Nvidia may not pay it the ‘promised’ $100bn

2026-02-20 - 13:43

OpenAI is reportedly raising over $100 billion, with Nvidia now set to invest $30 billion for equity, scaling back from a previous $100 billion partnership. This shift occurs amid investor concerns about an AI bubble, though both companies reaffirm their strong working relationship and OpenAI's significant computing needs.