Nvidia is in advanced talks to invest up to $30 billion in OpenAI, according to a source familiar with the discussions, as the artificial intelligence startup prepares for a potential funding round that could value it at a $730 billion pre-money valuation. The proposed investment is separate from the $100 billion infrastructure agreement announced between the two companies in September, the source said, adding that the new deal is not contingent on any deployment milestones. The September agreement, which sent shockwaves through the tech world and prompted a wave of similar infrastructure deals, outlined a multi-year investment framework where Nvidia would contribute capital as it brought new supercomputing facilities online. At the time, a source told CNBC that Nvidia’s initial $10 billion investment would be triggered upon completion of its first gigawatt of compute capacity. The $30 billion proposed investment is a distinct and more substantial commitment, though it remains non-binding and subject to change. The source emphasized that while the details are still fluid, Nvidia is actively considering this move as part of its broader strategy to deepen ties with OpenAI. The company has not confirmed the talks, and Nvidia declined to comment. Concerns about the status of the original $100 billion infrastructure deal have grown in recent months, particularly after the Wall Street Journal reported in January that the agreement was effectively on hold. In its November quarterly earnings report, Nvidia had cautioned that there was “no assurance” it would finalize agreements related to OpenAI or other potential investments. Despite the uncertainty, OpenAI CEO Sam Altman downplayed the concerns, stating on X that the company deeply values its partnership with Nvidia and expressed confusion over the growing speculation. Nvidia CEO Jensen Huang also addressed the situation during a recent interview with CNBC’s Jim Cramer, reiterating that there was “no question” the company would invest in OpenAI’s next funding round. OpenAI is currently in active discussions with multiple investors, including Amazon, Microsoft, and others, as it seeks to raise a total of around $100 billion in its latest funding round. The process has accelerated in recent weeks, though no final decisions have been made. The round is expected to be structured in two phases: initial investments from strategic partners like Nvidia, Amazon, and Microsoft, followed by contributions from a wider group of institutional and private investors.