Nvidia, OpenAI near $30 billion investment in place of unfinished $100 billion deal, FT reports

Nvidia is reportedly close to finalizing a roughly $30 billion investment into OpenAI as part of the AI startup’s latest funding round. The deal would replace a previously discussed long-term $100 billion commitment announced last year and is expected to be wrapped up imminently, according to the Financial Times citing sources.  It would be one of the largest single strategic investments by a chipmaker into an AI platform and keeps Nvidia deeply aligned with what’s likely the sector’s marquee growth engine. The fresh capital is part of a broader funding effort that could top $100 billion and value OpenAI near the mega-cap range alongside the biggest tech companies.  For markets, a deal of this size suggests that core infrastructure providers like Nvidia still see massive long-duration demand for compute and model deployment at scale. It also keeps Nvidia firmly positioned as a strategic backer and beneficiary of OpenAI’s growth trajectory without over-committing to the original $100 billion headline figure.  Bottom line: major strategic capital is still flowing into frontier AI, and this Nvidia piece is a heavyweight slice of that trend.