Nvidia Is Probably Done Investing in OpenAI and Anthropic, Says CEO—Why?
Jensen Huang announced that Nvidia is likely finished investing in OpenAI and Anthropic, citing their upcoming IPOs as the official reason. Nvidia recently finalized a $30 billion investment in OpenAI and previously put $10 billion into Anthropic, both significantly less than early reported figures. Behind the scenes, Nvidia holds stakes in two companies now openly competing with each other and embroiled in political controversy. Anthropic refused to allow its AI to be used for autonomous weapons or surveillance, leading the U.S. government to ban its use by agencies. OpenAI quickly announced a Pentagon deal, prompting public backlash and boosting Anthropic’s popularity. Meanwhile, a user boycott against OpenAI gained traction. Nvidia’s relationship with Anthropic was already tense due to critical comments about U.S. chip sales to China. Concerns have also arisen about the “circular economy” dynamic, with Nvidia investing in companies that spend heavily on Nvidia’s products. Ultimately, Nvidia is stepping back from picking favorites, preferring to supply chips to all major AI firms rather than get caught between political or market adversaries.
