AI and Machine Learning
OpenAI Nears $100B Raise at $850B Valuation in Historic Funding Push
Nvidia is expected to invest around $30 billion, with SoftBank, Amazon, and Microsoft also participating.
Nvidia is expected to invest around $30 billion, with SoftBank, Amazon, and Microsoft also participating.
As OpenAI fine-tunes ChatGPT's tone, it is also racing to secure capital, compute, and strategic advantage.
New pacts with AWS, Oracle, Nvidia, CoreWeave and others lock in gigawatts of capacity as funding grows more complex and cash burn looms.