What are you searching for ?

ai

Amazon, Microsoft, and Nvidia Lead OpenAI’s $100 Billion Funding Drive

Amazon, Microsoft, and Nvidia Lead OpenAI’s $100 Billion Funding Drive
 

OpenAI, the company behind the revolutionary AI tool ChatGPT, is reportedly finalizing the first phase of a new funding round, which could raise over $100 billion. According to sources familiar with the matter, this record-breaking deal would provide OpenAI with significant capital to further develop its AI tools and expand its infrastructure investments.

 

Valuation Expected to Skyrocket

The company’s valuation, including the new funding, is projected to surpass $850 billion. This figure exceeds earlier expectations of $830 billion, while OpenAI’s pre-funding valuation remains at $730 billion. The enormous funding will allow the AI giant to invest heavily in its infrastructure, potentially spending trillions of dollars in the coming years.

 

Key Investors in the First Phase

The initial phase of the funding round is expected to include contributions from strategic investors such as Amazon, SoftBank, Nvidia, and Microsoft. If these companies invest at the higher end of their discussed allocations, their combined commitments could approach $100 billion.

  • Amazon is expected to invest $50 billion, strengthening its existing partnership with OpenAI by expanding the use of Amazon’s cloud computing services and chips.
  • SoftBank is reportedly planning a $30 billion investment.
  • Nvidia is discussing a $20 billion contribution to the funding.

These investments will be distributed in multiple installments over the course of 2026.

 

Broader Investment Plans

The next phase of OpenAI’s funding round will target venture capital firms, sovereign wealth funds, and other financial investors. The total amount raised could significantly exceed the initial $100 billion, further boosting OpenAI’s financial capabilities.

 

Strategic Growth and Expansion

As part of its partnership with Amazon, OpenAI is expected to expand its use of Amazon’s cloud computing services and proprietary chips, cementing a deeper collaboration between the two companies. Additionally, OpenAI is positioning itself to lead in the rapidly evolving AI market, with plans to solidify its technological dominance and explore new opportunities in artificial intelligence hardware.

 

Latest News

environment

The United States has issued a warning about potentially withdrawing from the International Energy Agency (IEA) if the organization does not shift its focus...

Business

Global markets began the week on a cautious note as Asian stocks and US futures retreated, reflecting subdued risk appetite among investors. Following a...

Economic

European natural gas prices have fallen to their lowest levels in five weeks, driven by forecasts of milder weather. This decline comes as welcome...

Business

China, widely recognized as the birthplace of tea and a country where it has been deeply rooted in culture for thousands of years, has...