Jensen Huang Said Nvidia $30 Billion OpenAI Investment Might Be the Last . Nvidia Just Guaranteed Up to $105 Billion of OpenAI Leases .

In March, Nvidia's (NVDA -0.41%) CEO, Jensen Huang, said at an investor conference that the company's recent $30 billion investment in OpenAI "might be the last time" it puts money into the artificial intelligence (AI) start-up.That, however, wasn't a retreat. And Huang himself said so."The reason for that is because they're going to go public," he explained, adding that the $100 billion investment the two companies promoted was likely "not in the cards."And he said practically the same thing about Nvidia's $10 billion stake in Anthropic.Further, five months later, Nvidia found another way to commit a huge sum to OpenAI's expansion.

In a document dated Aug. 17, the chipmaker revealed residual value guarantees backing OpenAI's data center leases in Pike County, Ohio, with Nvidia's payment obligation capped at $105 billion.I think the two facts only seem like a contradiction until you read the document.

First reported by fool.com.