Nvidia, Microsoft, and Amazon reportedly in talks to invest up to $60 billion in OpenAI
OpenAI is bringing in more revenue than ever, but with ambitions to spend north of $1 trillion on its AI infrastructure build-out — cash that it simply does not have to hand — it’s maybe no surprise that the company is almost constantly in fundraising mode.
And its latest discussions could see the company raise as much as $60 billion from three of its biggest suppliers, with The Information reporting that Nvidia, Microsoft, and Amazon may anchor a larger round that could see the ChatGPT maker raise as much as $100 billion.
Per The Information’s sources, existing investor Nvidia is in discussions to invest up to $30 billion, new investor Amazon is considering $10 billion to more than $20 billion, while Microsoft, which is also already heavily invested with a 27% stake, is looking at less than $10 billion.
Separately, reporting from the Financial Times confirms some of the same broader details, like that the three tech companies are indeed close to participating in a larger ~$100 billion round. However, the sources cited by the FT put the combined total investment from the trio of tech titans closer to $40 billion.
While OpenAI is close to receiving term sheets, or an investment commitment, from these companies, according to The Information, their investments could depend on other deals that they are already negotiating with OpenAI separately, including its cloud server rental deal with Amazon.
Earlier this week, reports emerged that SoftBank might plow a further $30 billion into OpenAI as well — presumably as part of this larger round.
And its latest discussions could see the company raise as much as $60 billion from three of its biggest suppliers, with The Information reporting that Nvidia, Microsoft, and Amazon may anchor a larger round that could see the ChatGPT maker raise as much as $100 billion.
Per The Information’s sources, existing investor Nvidia is in discussions to invest up to $30 billion, new investor Amazon is considering $10 billion to more than $20 billion, while Microsoft, which is also already heavily invested with a 27% stake, is looking at less than $10 billion.
Separately, reporting from the Financial Times confirms some of the same broader details, like that the three tech companies are indeed close to participating in a larger ~$100 billion round. However, the sources cited by the FT put the combined total investment from the trio of tech titans closer to $40 billion.
While OpenAI is close to receiving term sheets, or an investment commitment, from these companies, according to The Information, their investments could depend on other deals that they are already negotiating with OpenAI separately, including its cloud server rental deal with Amazon.
Earlier this week, reports emerged that SoftBank might plow a further $30 billion into OpenAI as well — presumably as part of this larger round.
