Nvidia and OpenAI are looking to balance a difficult relationship but reports of a breach should be taken with a grain of salt.

In September 2025, Nvidia and OpenAI announced a letter of intent for Nvidia to invest up to $100 billion in OpenAI’s AI infrastructure. At the time, the companies said they expected to finalize details “in the coming weeks.

To account for this, Nvidia bought Groq (no, not Grok), the AI chips startup reportedly eyed by OpenAI, in its largest purchase ever. Then, last month, Nvidia unveiled its new Rubin platform, with a presentation that boasted inference and memory bandwidth wins.

Nvidia and OpenAI have been lynchpins of the AI boom, but their relationship has come under new scrutiny in recent days amid reports of tensions between the two firms.

Alex Kantrowitz, Big Technology, joins 'Closing Bell' to discuss the stalled deal between Nvidia and OpenAI, how OpenAI is doing business and much more.

OpenAI execs, including Sam Altman, have posted public defenses of Nvidia following a report from Reuters that claimed the generative AI company is unsatisfied with some Nvidia chips and has been looking for alternatives since last year.

Oracle is raising more debt and Nvidia is walking back its OpenAI investment target. Both are signs that the AI trade could be on shaky ground, according to one analyst.

Dan Niles, Niles Investment Management founder, joins 'Power Lunch' to discuss the potential for the Nvidia-OpenAI deal to fall apart, what OpenAI should do and much more.