OpenAI expects to raise an additional $10B from financial investors by the end of March, adding to the $110B it’s secured from SoftBank (SFTBY), Amazon (AMZN) and Nvidia (NVDA), according to a person with knowledge of the discussions, The Information’s Stephanie Palazzolo writes. That additional funding will bring OpenAI’s post-investment valuation to $850B, including a $35B tranche of funding from Amazon conditional on the ChatGPT-maker either going public or achieving artificial general intelligence – a loosely defined term referring to AI that’s on par with humans.
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