Semiconductor giant NVIDIA is close to finalising a $30 billion investment in OpenAI, the artificial intelligence company behind ChatGPT, according to a report by the Financial Times citing people familiar with the matter. The deal would be part of OpenAI’s current fundraising round and replace an earlier, larger $100 billion commitment that was announced last year but never finalised.
The proposed investment is expected to be completed as early as this weekend, the report added, and would be included in a broader capital raise that could see OpenAI secure more than $100 billion in total funding, potentially valuing the company at around $830 billion.
Under the earlier arrangement announced in September 2025, NVIDIA had signalled plans to invest up to $100 billion in OpenAI over time to support the AI firm’s use of NVIDIA chips in data centres. However, negotiations over that multi‑year commitment extended longer than anticipated and the companies have since opted for a simpler, single‑transaction investment instead.
People familiar with the negotiations said much of the new capital from the $30 billion investment is expected to be reinvested by OpenAI into purchasing NVIDIA’s AI processors, which are essential for training and operating large‑scale AI models. Both companies declined to comment on the report.
OpenAI’s fundraising effort has attracted interest from other major tech firms, including SoftBank Group and Amazon, which are also expected to take part in the broader funding round. Analysts say that deepening financial ties between AI developers and chipmakers reflect the strategic importance of securing computing power in the rapidly evolving artificial intelligence industry.
The potential $30 billion investment marks one of the largest individual tech funding commitments in recent years and underscores how investors and strategic partners are positioning themselves amid stiff competition to lead next‑generation AI development.