After announcing a blockbuster $100 billion deal in September — which escalated concerns of AI companies passing the same money around in circular dealmaking — the ChatGPT maker may have changed its mind, as the Wall Street Journal reported last week. Then, on Tuesday, Bloomberg reported that Nvidia was nearing a deal to invest $20 billion in OpenAI instead — a mere fifth of what was originally on the table. “I don’t get where all this insanity is coming from.”“We will definitely participate in the next round of financing because it’s such a good investment,” Huang told reporters over the weekend. As Ars Technica points out, the original $100 billion deal for ten gigawatts of compute, something that would require the equivalent of ten nuclear reactors to sustain, was never set in stone, as it was just a letter of intent. As Huang told reporters, the sum was “never a commitment.”“We are going to make a huge investment in OpenAI,” he added.