Nvidia, OpenAI Deal Amid $100K H‑1B Rule

President Trump has raised the H‑1B visa application fee to $100,000; the White House says the rule applies only to new applications, requires proof of payment before filing and includes a 12‑month restriction on petitions until fees are cleared. Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman cautiously praised the change in a CNBC interview, saying immigration remains foundational to U.S. innovation. Nvidia has agreed to invest up to $100 billion in OpenAI to build massive AI data centers and says it will supply at least 10 gigawatts of NVIDIA systems to power next‑generation models. The announcement and the fee increase have sent shockwaves through the tech industry, prompting panic among Indian workers and students and drawing sharp criticism from some business leaders who say the fee could push talent to other countries and harm innovation. Analysts say Nvidia’s backing underscores the vast capital needed to scale AI infrastructure and that the combination of a major private investment and sweeping immigration changes could materially reshape how U.S. tech firms recruit and build large‑scale AI capacity. Many implementation details and long‑term impacts remain unresolved.