Nvidia Nears $20 Billion Investment in OpenAI Funding Round
C
CNBC TV1804-02-2026, 15:12

Nvidia Nears $20 Billion Investment in OpenAI Funding Round

  • Nvidia Corp. is close to finalizing a $20 billion investment in OpenAI, marking its largest single investment in the ChatGPT developer.
  • This investment is part of OpenAI's new funding round, which aims to raise up to $100 billion from major tech firms.
  • Other companies like Amazon.com Inc. and SoftBank Group Corp. have also held discussions to invest significant amounts.
  • Despite recent reports of tensions, CEOs of both Nvidia and OpenAI have publicly reaffirmed their commitment to collaboration.
  • Nvidia CEO Jensen Huang stated that the company would "definitely participate" in the financing round, calling it a "good investment."

More like this

Loading more articles...