Nvidia, Microsoft, Amazon in talks to take a position as much as $60 billion in OpenAI: Report

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Microsoft, a longtime backer with unique rights to promote OpenAI fashions to cloud clients, is in talks to take a position lower than $10 billion (File) | Picture by Reuters

Nvidia, Amazon and Microsoft are in talks to take a position as much as $60 billion in OpenAI, The Info reported on Wednesday.

Present investor Nvidia, which powers OpenAI’s AI fashions with chips, is in talks to take a position as much as $30 billion, The Info reported, citing folks conversant in the matter. Microsoft, a longtime backer with unique rights to promote OpenAI fashions to cloud clients, is negotiating an funding of lower than $10 billion. A brand new investor, Amazon, can be in talks to take a position nicely over $10 billion, and presumably over $20 billion, the report added.

OpenAI is within the means of receiving time period sheets, or funding commitments, from these firms, The Info reported, citing folks conversant in the matter.

Nvidia, Amazon, Microsoft, and OpenAI didn’t instantly reply to requests for remark from Reuters exterior of regular enterprise hours.

Reuters couldn’t instantly verify this report.

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