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Feb 20, 2026 12:00 AM

Nvidia Pivots To $30 Billion Direct Stake In OpenAI, Decoupling From $100B Milestone Plan As Sam Altman Hopes To Remain 'Gigantic Customer'

Nvidia Corp. (NASDAQ:NVDA) has entered the final stages of a landmark $30 billion equity investment in OpenAI, effectively replacing a massive $100 billion infrastructure agreement that had been the subject of intense market speculation.

A Strategic Decoupling

The $30 billion deal, confirmed by sources close to the negotiations, marks a significant pivot from the “non-binding” letter of intent signed in September 2025.

That original plan contemplated a $100 billion investment tied to the deployment of 10 gigawatts of computing power.

Instead, the new $30 billion commitment is a direct stake in OpenAI's current funding round, which is being raised at a $730 billion pre-money valuation.

Crucially, CNBC noted that this investment is “not tied to any deployment milestones,” granting both companies more flexibility as the AI landscape shifts.

Altman Shrugs Off ‘Insanity’

Speaking from the AI Impact Summit in New Delhi, OpenAI CEO Sam Altman addressed the recent volatility in reports regarding the Nvidia ...