During a podcast with Dwarkesh Patel, Nvidia CEO Jensen Huang reflected on his earlier decision not to invest in OpenAI and Anthropic, calling it a significant miss and a mistake. He acknowledged that he underestimated the challenges of building foundational AI labs and the substantial investments required. Huang noted that at the time, Nvidia was not positioned to make the multi-billion-dollar commitments that competitors like Google and Amazon Web Services were able to. He admitted that venture capitalists would be unlikely to invest such large sums in hopes of success for a nascent AI lab. Despite this, Huang praised the strategic foresight of those who structured the early funding deals for OpenAI and Anthropic. Now, with Nvidia's financial strength, the company has made significant investments, including $10 billion for Anthropic's Claude model and $30 billion for OpenAI, demonstrating a renewed commitment to supporting AI development.