Jan. 29 at 3:48 AM
$NVDA $MSFT $AMZN Tech Giants in Talks to Invest
$60 Billion in OpenAI-The Information
Nvidia, Microsoft, and Amazon are negotiating to invest up to
$60 billion in OpenAI, with Nvidia proposing up to
$30 billion, Amazon potentially over
$20 billion, and Microsoft less than
$10 billion. OpenAI is close to receiving term sheets from the trio as part of a broader fundraising effort that could raise up to
$100 billion at an
$830 billion valuation. The investments would add to existing commitments, including Nvidia's previously announced
$100 billion progressive investment tied to 10 gigawatts of GPU deployments and Microsoft's exclusive cloud partnership.
