OpenAI's latest funding round has drawn interest from the three most valuable tech companies, underscoring how vital the artificial intelligence startup is to the broader industry.
Nvidia Corp, the world's biggest chipmaker, has discussed joining a funding round that would value OpenAI at more than $100 billion, people familiar with the matter said. Apple Inc and Microsoft Corp have also been in talks about participating in the financing, said the people, who asked not to be identified because the deliberations are private.
The proposed round would be led by Thrive Capital, which is investing about $1 billion, Bloomberg reported earlier this week. Nvidia has discussed investing about $100 million, two of the people said.
If the discussions move forward, it would mean three of the biggest names in tech would all be backing OpenAI, maker of the groundbreaking ChatGPT chatbot.
This story is from the September 02, 2024 edition of Business Standard.
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This story is from the September 02, 2024 edition of Business Standard.
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