CALIFORNIA: A published report on Friday said Nvidia is in talks to invest up to $30 billion in OpenAI, a figure that would rank among the largest single equity checks into an artificial intelligence company. Nvidia and OpenAI have not announced any such deal, and neither company has released publicly disclosed terms confirming an investment of that size as of Feb. 20, 2026.
The report revived focus on the financial ties between the leading supplier of AI accelerators and a major developer of generative AI systems. With no official confirmation of the reported talks, the most recent, detailed public statements between Nvidia and OpenAI remain the partnership framework they disclosed in September 2025, which linked planned infrastructure deployments with a progressive investment intent.
In that September 2025 announcement, Nvidia and OpenAI said they agreed on a strategic partnership for OpenAI to build and deploy at least 10 gigawatts of AI data centers using Nvidia systems. The companies said the deployment would represent millions of graphics processing units, along with networking and software, to support OpenAI’s next generation AI infrastructure used for training and operating its models and services.
Nvidia said at the time it intended to invest up to $100 billion in OpenAI progressively as each gigawatt of capacity is deployed, tying the investment to staged infrastructure delivery rather than a single upfront amount. OpenAI and Nvidia also said the first gigawatt of Nvidia systems was planned for deployment in the second half of 2026 using Nvidia’s Vera Rubin platform, and they described work to align software and hardware roadmaps across the partnership.
Disclosed partnership framework
OpenAI has also outlined a broader U.S. data center buildout under its Stargate infrastructure platform. In a September 2025 update, OpenAI, Oracle, and SoftBank said they selected five new U.S. AI data center sites under Stargate. OpenAI said the combined capacity from those sites, along with a flagship site in Abilene, Texas, and ongoing projects with CoreWeave, brought Stargate to nearly 7 gigawatts of planned capacity and more than $400 billion in investment over the next three years.
OpenAI said the Stargate program was launched through a nationwide site selection process that reviewed more than 300 proposals across more than 30 states. OpenAI later updated the September 2025 announcement to specify that the Midwest site referenced in the initial post would be located in Wisconsin and developed by Oracle in partnership with Vantage. OpenAI has described Stargate as its overarching AI infrastructure platform aimed at expanding data center capacity for advanced AI workloads.
Other disclosed funding
Separately, SoftBank has publicly disclosed large completed investments in OpenAI. In a Dec. 31, 2025 statement, SoftBank said it completed an additional $22.5 billion investment in OpenAI on Dec. 26, 2025 at the second closing of an investment of up to $40.0 billion it committed on March 31, 2025. SoftBank said it had fully satisfied that commitment alongside participation by third party co-investors.
SoftBank said third party co-investors provided an upsized $11.0 billion participation, bringing the final aggregate commitment to $41.0 billion. SoftBank said its aggregate ownership interest in OpenAI was approximately 11% after the second closing, and it reported the investments were made through SoftBank Vision Fund 2. SoftBank said its first closing occurred in April 2025, when it invested $7.5 billion, followed by the $22.5 billion second closing.
As of Feb. 20, 2026, Nvidia and OpenAI have not published updated, definitive terms replacing their September 2025 deployment linked investment intent, and they have not issued a joint statement confirming a separate $30 billion equity investment. The disclosed record therefore consists of the September 2025 partnership framework and other investors’ completed funding that has been formally announced, alongside the absence of any public confirmation for the reported talks. – By Content Syndication Services.