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Nvidia, Microsoft, Amazon Reportedly In Talks to Invest Up to USD60B in OpenAI
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Nvidia (NVDA.US), Microsoft (MSFT.US), and Amazon (AMZN.US) are in discussions to invest up to USD60 billion in OpenAI as part of OpenAI's goal to raise USD100 billion, The Information reported, citing people familiar with the matter. Nvidia, one of the investors, is negotiating to invest up to USD30 billion in OpenAI, while another investor, Microsoft, plans to invest less than USD10 billion, sources divulged. New investor Amazon's investment could exceed USD10 billion, possibly even surpassing USD20 billion. Earlier this week, there had been reports that SoftBank (9984.JP) plans to add USD30 billion to its investment in OpenAI. OpenAI CEO Sam Altman has been meeting with Middle Eastern investors to discuss a new round of financing, expected to raise at least USD50 billion, with the company's valuation estimated to be between USD750 billion and USD830 billion, report told. AASTOCKS Financial News Website: www.aastocks.com |
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