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Nvidia, Microsoft, Amazon in talks to invest up to US$60 billion in OpenAI, The Information reports
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The Business Times
PHOTO: REUTERSNVIDIA, Amazon and Microsoft are in talks to invest up to US$60 billion in OpenAI, The Information reported on Wednesday.
Microsoft, a longstanding backer with exclusive rights to sell OpenAI models to cloud customers, is in talks to invest less than US$10 billion.
Nvidia, Amazon, Microsoft and OpenAI could not immediately respond to Reuters’ requests for comment outside regular business hours.
This follows reports from earlier this week that said that SoftBank Group is in talks to invest as much as an additional US$30 billion in OpenAI.
OpenAI is grappling with rising costs to train and run its AI models as competition from Alphabet’s Google heats up.