tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Nvidia, Microsoft in talks for up to $60B investment in OpenAI, Information says

Nvidia (NVDA), Amazon (AMZN), and Microsoft (MSFT) are in talks to invest up to $60B in OpenAI, The Information’s Sri Muppidi reports. Nvidia, an existing investor whose chips power OpenAI’s AI models, is in talks to invest up to $30B, according to a person with knowledge of the situation, while Microsoft is in talks to invest less than $10B. Amazon, which would be a new investor, is in discussions to invest significantly more than $10B and potentially even more than $20B, according to the report.

Claim 50% Off TipRanks Premium

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1