NVIDIA tops $40bn in AI equity bets in 2026, anchored by $30bn OpenAI investment
$30bn went to OpenAI; the rest is spread across CoreWeave, IREN, Corning, Nebius, and roughly two dozen private rounds. The pattern is closer to vertical integration than to venture investing, and is starting to draw the inevitable circular-deal questions.
NVIDIA has committed more than $40 billion to AI equity investments in the first four months of 2026, CNBC reported, citing public filings and corporate disclosures.
The single largest line in that total is the $30 billion the chipmaker put into OpenAI in late February. The remaining $10 billion-plus is spread across seven multi-billion-dollar deals in publicly traded companies, plus roughly two dozen private startup rounds.
On the public side, the disclosed cheques include up to $3.2 billion in Corning, the optical-fibre and ceramics maker that supplies AI-data-centre fabric, and up to $2.1 billion in IREN, the data-centre operator that is converting from Bitcoin mining toward GPU compute.
Both took...
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