Microsoft-backed (MSFT) OpenAI is also finalizing a major funding round that could total over $100B, with roughly 90% coming from strategic investors, CNBC’s Ashley Capoot and Kate Rooney report, citing one person familiar with the matter. The news comes as Nvidia (NVDA) is in talks to invest up to $30B in OpenAI as part of a round that could value the ChatGPT maker at a $730B pre-money valuation, the authors note.
Meet Samuel – Your Personal Investing Prophet
Explore NVDS for 2X short leverage on NVDAPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MSFT:
- OpenAI now targets roughly $600B in total compute spend by 2030, CNBC reports
- OpenAI projects over $280B in revenue in 2030, CNBC reports
- 3 Quantum Computing Stocks with Potential to Beat the Market – 2/20/2026
- Microsoft confirms Asha Sharma as CEO of Microsoft Gaming
- Microsoft Gaming CEO Spencer to retire, Xbox president Bond resigns, IGN says