Nvidia’s $100 billion OpenAI deal has seemingly vanished
Summary
Ars Technica reports that Nvidia’s proposed $100 billion investment in OpenAI reportedly never became a binding commitment, with sources indicating OpenAI has sought alternatives due to concerns over Nvidia chips and inference performance. The piece outlines the sequence from the September 2025 letter of intent to recent statements from Nvidia and OpenAI, plus Reuters and WSJ reporting on possible chip alternatives (Cerebras, Groq, AMD, Broadcom). It highlights the broader implications for AI infrastructure strategy and supplier diversification.