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Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman on Monday commented on President Donald Trump's decision to increase the cost of hiring overseas workers on visas.
Trump on Friday announced that he would raise the fee for an H-1B visa to $100,000, leaving companies scrambling . Employers now must have documentation of the payment prior to filing an H-1B petition on behalf of a worker. Applicants will have their petitions restricted for 12 months until the payment is made, according to the White House .
Huang and Altman responded to the changes in an interview with CNBC's Jon Fortt, where the two executives announced that Nvidia will invest $100 billion in OpenAI as the artificial intelligence lab