Nvidia CEO Jensen Huang said he was surprised Wednesday Advanced micro-apparents offered 10 % of himself to Openai as part of a partnership of several billion dollars announced earlier this week.
“It is imaginative, it is unique and surprising, since they were so enthusiastic about their new generation product,” said Huang in an interview with “Squawk Box of CNBC”. “I am surprised that they give up 10 % of the company before they even built it. And anyway, it’s intelligent, I suppose.”
OPENAI and AMD concluded an agreement on Monday, OPENAI committing to buy for 6 Gigawatts of AMD flea markets over several years, including its next MI450 series. As part of the agreement, OPENAI will receive subscription vouchers for a maximum of 160 million AMD shares, with acquisition stages based on the volume of deployment and the AMD action course.
If Openai exercises all of the warrant, the company could acquire around 10 % of the capital of AMD.
AMD’s shares have soaked since the announcement and increased by 5 % on Wednesday, increasing by 35 % so far this week. Nvidia’s shares were up almost 3 % on Wednesday following Huang’s comments.
The agreement questions Nvidia’s domination in the IA flea sector, a market on which AMD sought to catch up, alongside cloud suppliers who develop their own chips.
Nvidia announced at the end of last month to invest up to $ 100 billion in Openai in the next decade. OPENAI has agreed to build and deploy NVIDIA systems requiring 10 gigawatts of power, which, according to Huang at the time of the announcement, is equivalent to between 4 and 5 million graphic treatment units (GPU).
Huang said that the investment is “very different” from the agreement between Openai and AMD insofar as it allows Nvidia to sell directly to the Chatgpt creator.
Nvidia’s investment in Openai highlighted the concerns about the “circular nature” of certain IA infrastructure agreements.
When asked how Openai would finance the agreement with Nvidia, Huang replied: “They don’t have the money yet”.
“They will have to raise this money, first of all, thanks to their income, which increases exponentially, in the form of equity or debts,” said Huang. “They gave us the opportunity to invest alongside other investors when the time comes.”
Huang added that after Nvidia invested in Openai, his “only regret is that we have not invested more”.
Jensen Huang, CEO of Nvidia, speaking on Squawk Box of CNBC on October 8, 2025.
CNBC
Huang also confirmed Nvidia’s involvement in the latest XAI funding cycle, in which Elon Musk’s startup of AI would seek to lift around $ 20 billion, according to Bloomberg. He said he was “super excited” by this financing opportunity, adding that he would like to be able to give Musk more money.
“Almost everything Elon is part, you really want to be part of it too,” said Huang.
Nvidia also supported the operator of the IA data center CoreweaveThat Huang said he considered one of the many “formidable investments” made recently by the company.
“(These are) really special companies, and they build, they are part of our ecosystem that builds AI infrastructure for the world,” said Huang.
Cumulative scholarship graph of Nvidia and AMD.
