Sources: OpenAI is close to finalizing the first phase of its $100B round; its overall valuation, including the eventual funding, could exceed $850B (Bloomberg)
ThinkingNews Desk · how this was written
Nvidia and OpenAI have abandoned a previously agreed $100 billion commitment, opting instead for a $30 billion equity investment. The new deal replaces the earlier arrangement and is expected to support continued AI development.
Written from all 3 reports below, not from any single one.
How it was reported
- TechMeme·Sources: OpenAI is close to finalizing the first phase of its $100B round; its overall valuation, including the eventual funding, could exceed $850B (Bloomberg)
OpenAI is finalizing a $100B funding round. Its overall valuation could exceed $850B with the new funding. OpenAI's valuation may surge with this investment.
- TechCrunch·OpenAI reportedly finalizing $100B deal at more than $850B valuation
OpenAI is nearing a $100 billion deal with backers including Amazon and Microsoft. The deal values the ChatGPT-maker at $850 billion. This significant investment reflects growing interest in AI technology.
- TechMeme·Sources: Nvidia is close to finalizing a $30B equity investment into OpenAI that will replace the long-term $100B commitment agreed by the companies last year (Financial Times)
Nvidia is near finalizing a $30B equity investment in OpenAI. This investment replaces a prior $100B commitment made last year. Nvidia is swapping the complex framework for a simpler equity deal.
- Hacker News·Nvidia and OpenAI abandon unfinished $100B deal in favour of $30B investment
Nvidia and OpenAI abandoned a $100B deal in favor of a $30B investment. The new investment will likely support AI development. Nvidia and OpenAI's partnership continues.