Nvidia, Microsoft, and Amazon are in talks to invest up to $60 billion in OpenAI, according to a report by The Information (28/01). The discussions involve both existing and potential new investors in the artificial intelligence company.

Nvidia Discusses Up to $30 Billion Investment

Nvidia, an existing OpenAI investor whose chips power the company’s AI models, is in talks to invest as much as $30 billion. The Information cited a person with knowledge of the discussions.

Nvidia did not immediately respond to a request for comment outside regular business hours.

Microsoft and Amazon Consider Separate Funding Amounts

Microsoft, a long-time OpenAI backer, is in talks to invest less than $10 billion. The company declined to comment on the report.

Amazon, which would be a new investor, is discussing an investment significantly higher than $10 billion. The report said the amount could potentially exceed $20 billion.

OpenAI Near Term Sheets from Investors

OpenAI is close to receiving term sheets, which represent formal investment commitments, from the companies involved. Reuters said it could not independently verify the report.

Amazon’s potential investment may depend on separate negotiations. These include a possible expansion of OpenAI’s cloud server rental deal with Amazon and a commercial agreement for OpenAI to sell products such as enterprise ChatGPT subscriptions to Amazon.

Funding Talks Follow Earlier SoftBank Report

The investment discussions follow earlier reports that SoftBank Group is in talks to invest up to an additional $30 billion in OpenAI. The company is facing rising costs to train and operate its AI models as competition from Alphabet’s Google increases.

PHOTO: UNSPLASH

This article was created with AI assistance.

We make every effort to ensure the accuracy of our content, some information may be incorrect or outdated. Please let us know of any corrections at [email protected].