OpenAI Raises 110 Billion Dollars from Amazon and Nvidia
Amazon is investing 50 billion dollars in OpenAI as part of a 110 billion dollar round. Nvidia and SoftBank also provided 30 billion dollars each for the firm.
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OpenAI has announced a landmark $110 billion funding round, significantly boosting its capital as it scales its artificial intelligence operations. The investment round values the artificial intelligence startup at a pre-money valuation of $730 billion, marking one of the largest private capital raises in history.
