Jensen Huang says Nvidia is pulling back from OpenAI and Anthropic

techcrunch.com

March 5, 2026

4 min read

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Summary

Nvidia CEO Jensen Huang announced that the company's recent investments in OpenAI and Anthropic will likely be its last, as both companies are expected to go public later this year. Nvidia is currently profiting significantly from its chip sales, which may influence its investment strategy.

Key Takeaways

Nvidia CEO Jensen Huang stated that the company's recent investments in OpenAI and Anthropic are likely to be its last due to their anticipated public offerings later this year.
Nvidia's investment in OpenAI has decreased from an initial pledge of $100 billion to a finalized commitment of $30 billion in a recent funding round.
Anthropic's CEO criticized U.S. chip companies selling AI processors to approved Chinese customers, comparing it to "selling nuclear weapons to North Korea."
OpenAI recently secured a deal with the Pentagon, which Anthropic has publicly denounced as "mendacious."

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Jensen Huang says Nvidia is pulling back from OpenAI and Anthropic ↗

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Analysis ready

Community Sentiment

Mixed

Positives

Nvidia's potential to compete with former customers indicates their strong capabilities in talent, models, and hardware, which could reshape the AI landscape.
Investing in expanding production capacity for high-end GPUs like the RTX 5000 series could enhance accessibility for developers and consumers, fostering AI innovation.

Concerns

The uncertainty surrounding Nvidia's pullback from OpenAI and Anthropic raises concerns about the stability of the AI ecosystem, which could negatively impact future advancements.
If OpenAI and Anthropic fail, it could lead to a detrimental effect on Nvidia's investments and the broader AI market, highlighting the risks involved.