Nvidia CEO Jensen Huang said Saturday the company will participate in OpenAI’s funding round, calling it likely “the largest investment we’ve ever made,” but clarified Sunday the $100 billion figure “was never a commitment” and the chipmaker would invest “one step at a time.”[english.aawsat +1]
• Amazon [AMZN -1.01%] is in talks to invest up to $50 billion in OpenAI, with negotiations led by CEO Andy Jassy and OpenAI CEO Sam Altman, marking a significant bet despite Amazon’s existing multibillion-dollar backing of rival Anthropic.[wsj +1]
• SoftBank [SFTBY -3.16%] is weighing an additional $30 billion investment, while Microsoft [MSFT -0.74%] is also in discussions to participate in the round, which could value OpenAI at approximately $830 billion.[finance.yahoo +1]