Imagine a world where the biggest names in tech are lining up to invest staggering amounts in the future of Artificial Intelligence. That’s exactly what’s brewing around OpenAI, the company behind ChatGPT, as reports suggest they could secure up to an astounding $US60 billion in new funding!
The buzz is all about three tech titans: Nvidia, Amazon, and Microsoft. Nvidia, already a key player whose powerful chips fuel OpenAI’s AI models, is reportedly in talks to pour in as much as $US30 billion. Microsoft, a long-time supporter of OpenAI, is also at the table, discussing an investment of less than $US10 billion.
But here’s where it gets even more interesting: Amazon, potentially a brand-new investor, is reportedly considering a significant investment, possibly exceeding $US20 billion. This massive backing from Amazon could also tie into bigger deals, like OpenAI expanding its use of Amazon’s cloud servers or selling its enterprise ChatGPT subscriptions directly to the e-commerce giant.
Why all this cash? Well, running and training advanced AI models like those at OpenAI is incredibly expensive, and the competition, especially from Google, is heating up. These investments would help OpenAI stay ahead in the rapidly evolving AI race.
While these discussions are reportedly close to firm commitments, it’s worth noting that the details come from “The Information” and haven’t been independently verified yet. Earlier this week, there were even whispers of SoftBank Group considering an additional $US30 billion.
One thing is clear: the future of AI is a high-stakes game, and OpenAI is attracting some serious attention – and potential capital – from the industry’s biggest players.
Source: https://www.bordermail.com.au/story/9163886/nvidia-microsoft-amazon-eye-60b-openai-investment/
