Nvidia(NVDA), Amazon(AMZN), and Microsoft (MSFT) are reportedly in talks to invest up to $60 billion in OpenAI (OPENAI).
Nvidia (NVDA), an existing investor whose chips power OpenAI’s AI models, is in talks to invest up to $30 billion, The Information reported on Wednesday.
OpenAI is close to receiving term sheets, or an investment commitment, from these firms, the report said.
Amazon’s (AMZN) investment could depend on separate negotiations, including a possible expansion of OpenAI’s cloud server rental deal with Amazon and a commercial agreement for OpenAI to sell its products, such as enterprise ChatGPT subscriptions, to Amazon, The Information said.
This development follows reports from earlier this week that said that SoftBank (SFTBY)is in talks toinvest as much as an additional $30 billion in OpenAI.