Nvidia's Jensen Huang denies OpenAI deal rumors: 'There’s no drama'

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Nvidia

CEO Jensen Huang said the chipmaker’s plan to invest in OpenAI remains “on track” after recent reports suggested brewing tension between the two sides.

“There’s no drama involved. Everything’s on track,” Huang told CNBC’s Jim Cramer on Tuesday. The full interview will air later in the day on “Mad Money.”

In September, Huang appeared with OpenAI CEO Sam Altman to announce a letter of intent that would involve his company investing up to $100 billion in the artificial intelligence lab in tranches. OpenAI would build AI infrastructure based around Nvidia’s technology requiring up to 10 gigawatts of power.