Nvidia May Invest $100 Million in OpenAI, Joining Apple and Microsoft. Massive Funding Round Could Value the AI Startup at Over $1 Billion.
Nvidia is in talks to join a funding round for OpenAI that could value the AI startup at over $100 billion. Apple Inc. and Microsoft Corp. are also considering participating in this round. The world’s largest chipmaker may contribute around $100 million. If the deal proceeds, it would mean that three of the most valuable tech companies are backing OpenAI. This move comes amid regulatory scrutiny over Big Tech’s influence on AI, with Nvidia's dominance in AI chips and Microsoft's deep integration of OpenAI’s services under particular focus. OpenAI seeks to use the new funding to expand its computing power and cover operating expenses.
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00:00It's Benzinga, and here's what's on the block.
00:02NVIDIA is in talks to join a funding round for OpenAI that could value the AI startup
00:07at over $100 billion.
00:09Apple and Microsoft are also considering participating in this round.
00:13The world's largest chipmaker may contribute around $100 million.
00:17If the deal proceeds, it would mean that three of the most valuable tech companies are backing
00:21OpenAI.
00:22This move comes amid growing regulatory scrutiny over big tech's influence on AI, with NVIDIA's
00:27dominance in AI chips and Microsoft's deep integration of OpenAI services under particular
00:32focus.
00:33OpenAI seeks to use the new funding to expand its computing power and cover operating expenses.
00:38For all things money, visit Benzinga.com.