NVIDIA

NVIDIA Splashes $26 Billion: From ‘Pickaxe Seller’ to ‘Gold Miner,’ Competing for AI Supremacy

NVIDIA Splashes $26 Billion: From ‘Pickaxe Seller’ to ‘Gold Miner,’ Competing for AI Supremacy

SANTA CLARA, Calif. — NVIDIA, the company that has long played the role of "pickaxe seller" in the AI gold rush, has now decided to go mining for gold itself. According to financial documents filed with the U.S. Securities and Exchange Commission (SEC), NVIDIA will invest a cumulative $26 billion over the next five years to aggressively advance the development of open-source AI large language models.This investment scale far exceeds the estimated $3 billion OpenAI spent training GPT-4, marking a dramatic shift for the chip giant from enabler to direct participant—a move that completely redraws the industry's boundaries. Jensen Hughes delivering a keynote speech at GTC 2026 The Big Story: NVIDIA’s…
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