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OpenAI's $110B funding round draws investment from Amazon, Nvidia, SoftBank

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4 hours ago

OpenAI said on Friday it is raising $110 billion in a blockbuster funding round that would value the ChatGPT maker at $840 billion, in a deal that signals the feverish pace of investment in artificial intelligence.The funding round — one of the largest private capital raises on record — includes a $30 billion investment from SoftBank, $30 billion from Nvidia, and $50 billion from Amazon, and comes ahead of the AI startup's expected mega-IPO later this year.More investors are expected to join the round as it progresses, OpenAI said.DISNEY ANNOUNCES MAJOR OPENAI DEAL, INCLUDES $1B EQUITY INVESTM...

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