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Event Brief

Nvidia and OpenAI Abandon $100bn Deal for $30bn Investment

Nvidia opts for a simpler equity investment with OpenAI instead of a complex deal.
WHO: Nvidia, OpenAI
WHAT: Abandoning a $100bn deal in favor of a $30bn investment
WHEN: Feb 19, 2026 at 7:14 PM ET
WHERE: Location not specified
WHY: To simplify the investment framework
Sources (1): Financial Times

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