Five months after OpenAI and Nvidia announced a $100 billion deal, no contract has been signed and no money has changed hands.

Nvidia's Jensen Huang criticized OpenAI's business strategy as the chip giant plans to invest up to $100 billion into the AI startup, per reports.

Nvidia CEO Jensen Huang said the chipmaker's plan to invest in OpenAI remains "on track."

Five months after OpenAI and Nvidia announced a $100 billion deal, no contract has been signed and no money has changed hands.

Two AI giants shake market confidence after investment fails to materialize.

Apparent collapse of Nvidia–OpenAI tie-up raises questions about circular funding and who will bear the cost of AI’s expansion