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Feature Story
Nvidia (NVDA) Has Held Discussions About Joining OpenAI’s Funding Round
Aug 30, 2024 · news.bensbites.comThe sources, who wished to remain anonymous due to the private nature of the discussions, revealed that Nvidia has discussed investing approximately $100 million. The exact details of the potential investments and the final valuation of OpenAI remain undisclosed.
Key takeaways
- Nvidia Corp., the world's largest chipmaker, is considering joining a funding round for OpenAI, potentially valuing the AI startup at over $100 billion.
- Apple Inc. and Microsoft Corp. are also reportedly in talks about participating in the financing.
- The funding round would be led by Thrive Capital, which is investing about $1 billion.
- Nvidia has discussed investing about $100 million in OpenAI.