Nvidia CEO Jensen Huang has strongly rejected reports suggesting that the company’s planned $100 billion investment in OpenAI has stalled. Speaking on Saturday, Huang dismissed claims of friction between the two tech giants as “nonsense,” countering a Friday report from The Wall Street Journal that had painted a different picture. The WSJ story alleged that Nvidia was reconsidering its commitment to the partnership, with Huang reportedly downplaying the deal’s binding nature and voicing private concerns about OpenAI’s business strategy. The report also indicated that the companies are reevaluating their relationship, potentially shifting from the original $100 billion investment plan to a smaller equity stake in the tens of billions. The original agreement, announced in September, involved Nvidia investing up to $100 billion in OpenAI and constructing 10 gigawatts of computing infrastructure to support the AI company’s growing needs. However, the recent report suggested that progress on the deal has slowed, with Nvidia now seen as more cautious. In response, Huang emphasized during a visit to Taipei that Nvidia remains fully committed. According to Bloomberg, when questioned about the report, Huang stated unequivocally that the company “will definitely participate” in OpenAI’s upcoming funding round. He described the investment as “such a good investment” and expressed strong confidence in OpenAI’s mission. “I believe in OpenAI. The work that they do is incredible. They’re one of the most consequential companies of our time,” Huang said. He declined to disclose the exact amount Nvidia would invest, deferring to OpenAI CEO Sam Altman: “Let [Altman] announce how much he’s going to raise — it’s for him to decide.” An OpenAI spokesperson echoed the sentiment, stating the companies are “actively working through the details of our partnership.” They affirmed that Nvidia has been instrumental in OpenAI’s breakthroughs, powers its current systems, and will continue to play a central role as the company scales its next-generation AI. Meanwhile, reports indicate that OpenAI is aiming to raise $100 billion in its latest funding round, with major tech players including Amazon, Microsoft, and SoftBank also reportedly in discussions about potential investments. Despite the speculation, Huang’s remarks reinforce Nvidia’s continued commitment to supporting OpenAI’s ambitions.