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Nvidia Pours $30B into OpenAI, Eyes Pre-IPO Move

5/9/2026

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Summary

Story summary

Nvidia announced a $30 billion investment in OpenAI and pledged up to $2.1 billion for IREN and $3.2 billion for Corning.
Its stake in Intel rose from $5 billion to over $25 billion, part of $40 billion AI commitments.
CEO Jensen Huang said the $30 billion OpenAI check may be the last before an IPO, while analysts warned the circular investment model could inflate demand.

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Story summary

Nvidia announced a $30 billion investment in OpenAI and pledged up to $2.1 billion for IREN and $3.2 billion for Corning.
Its stake in Intel rose from $5 billion to over $25 billion, part of $40 billion AI commitments.
CEO Jensen Huang said the $30 billion OpenAI check may be the last before an IPO, while analysts warned the circular investment model could inflate demand.