US EditionOpenAI in Talks to Raise as Much as $100 Billion
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Breaking OneOpenAI in Talks to Raise as Much as $100 Billion
OpenAI is in talks with tech giants and Middle Eastern sovereign wealth funds to raise as much as $100 billion in a new round of funding that could value the company at $750 billion or more, according to five people with knowledge of the discussions. The situation is fluid, the people said, requesting anonymity to discuss ongoing negotiations, and $100 billion in funding is just one possibility as OpenAI holds discussions with Nvidia, Amazon, Mi…
The Information, a US IT media outlet, reported on the 28th (local time) that three companies, Nvidia, Microsoft (MS), and Amazon, are discussing investing up to $60 billion (approximately 85 trillion won) in ChatGPT developer OpenAI, citing sources. Nvidia is expected to invest up to $30 billion (approximately 43 trillion won), MS less than $10 billion (approximately 14 trillion won), and Amazon more than $10 billion.
Amazon, SoftBank, Nvidia and Microsoft are rushing to invest in OpenAI ahead of its looming IPO.
Amazon, Microsoft, Nvidia In OpenAI Investment Talks
Amazon, Microsoft, Nvidia reportedly looking to invest up to $60bn in AI start-up OpenAI as company’s data centre costs soar This article has been indexed from Silicon UK Read the original article: Amazon, Microsoft, Nvidia In OpenAI Investment Talks The post Amazon, Microsoft, Nvidia In OpenAI Investment Talks appeared first on IT Security News.
Nvidia, Microsoft, and Amazon are in talks to secure a massive, billion-dollar investment in OpenAI. The competition with its main competitor is heating up. The ... ...
OpenAI is looking for a record-breaking round of OpenAI projects to raise up to $100 billion in a new funding cycle. According to sources close to the issue, the start-up is in talks with its main technology partners to align a series of significant investments. Part of these discussions focuses specifically on financing around $40 billion from Nvidia, Microsoft and Amazon, which are among the three largest providers of OpenAI infrastructure.
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