# fundraising
Latest news and articles about fundraising
Total: 2 articles found
Huang Says Nvidia Will Join OpenAI’s New Fundraise — But $100bn Claim Is Off the Table
Jensen Huang confirmed Nvidia will participate in OpenAI’s current fundraising round but denied the company would invest anywhere near $100 billion, a figure that had been reported earlier. His comments aim to reassure markets that Nvidia–OpenAI ties remain strong while tempering expectations about the scale of Nvidia’s financial commitment.
Ai Hype, Real Losses: Megmeet’s Stock Soars While Profit Plummets as It Reinvests for AI Power Supplies
Megmeet, a Chinese power-electronics supplier, reported a sharp fall in 2025 profits as margins compressed and R&D spending surged, yet its shares have soared on hopes that new AI server power-supply business will deliver blockbuster revenue. The company has raised fresh equity to finance R&D and capacity expansion and is counted among suppliers to Nvidia’s GB200 rack project, but execution and certification risks make its future performance highly uncertain.