NVIDIA Nears $30 Billion Equity Stake in OpenAI's Record Funding Round

Summary

NVIDIA was close to finalizing a $30 billion equity stake in OpenAI as part of a funding round targeting over $100 billion total, according to reporting from CNBC and the Financial Times on February 19-20, 2026. The deal, structured as a pure equity stake rather than the previously announced $100 billion infrastructure agreement from September 2025, was expected to close as early as the weekend of February 21-22. Other likely participants in the round include SoftBank and Amazon. The $30 billio