Nvidia CEO Jensen Huang announced Wednesday that the company's investments in artificial intelligence firms OpenAI and Anthropic will likely be its last direct investments in the AI sector.

The announcement came as Huang addressed the company's investment strategy regarding AI companies that are also major customers for Nvidia's graphics processing units and data center hardware.

Nvidia has made significant investments in the AI sector, including stakes in OpenAI, the company behind ChatGPT, and Anthropic, another leading AI research company. The exact value of Nvidia's investment in OpenAI was referenced as approximately $30 billion in some reports.

The decision to pull back from direct investments in AI companies comes as Nvidia continues to serve as a primary hardware supplier to these same firms. Both OpenAI and Anthropic rely heavily on Nvidia's specialized chips to train and run their large language models and AI systems.

Huang's statement suggests a strategic shift for the chip giant, which has seen unprecedented growth and market valuation increases driven by the AI boom. The company's graphics cards and data center products have become essential infrastructure for AI development across the industry.

The announcement raises questions about Nvidia's future relationship with AI companies and whether the decision reflects concerns about potential conflicts of interest between being both an investor and supplier to the same firms.