Thursday, October 22, 2026 Independent US tech newsroom
LexxWire US Tech & AI News
Nvidia CEO Jensen Huang on stage, with OpenAI and Anthropic logos fading behind him, representing the end of Nvidia's big private AI investments

Nvidia CEO Jensen Huang Signals End to OpenAI, Anthropic Investments

Jensen Huang says Nvidia’s era of writing giant private checks to AI labs is coming to an end. Speaking on Wednesday at the Morgan Stanley Technology, Media & Telecom conference in San Francisco, the Nvidia CEO said the company’s $30 billion investment in OpenAI “might be the last time it has the opportunity to ‘invest in a consequential company like this.’” The $100 billion deal the two companies discussed in September 2025, he added, “does not seem feasible.” ...

October 22, 2026 · 5 min · 1055 words ·