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Home BlockchainAmazon, Nvidia Flood OpenAI With Cash as ChatGPT Makers Valuation Hits $730 Billion
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Amazon, Nvidia Flood OpenAI With Cash as ChatGPT Makers Valuation Hits $730 Billion

by Decrypt
written by Decrypt 0 comments
Amazon, Nvidia Flood OpenAI With Cash as ChatGPT Maker’s Valuation Hits $730 Billion

In brief

  • OpenAI announced $110 million in new investment at a $730 billion pre-money valuation.
  • Amazon, Nvidia, and SoftBank invested in the firm, with Amazon and Nvidia also agreeing to strategic partnerships.
  • Microsoft and OpenAI said the addition of new investors and partnerships doesn’t change their deal at all.

OpenAI has announced $110 billion in new investment at a $730 billion pre-money valuation, securing $30 billion each from Nvidia and SoftBank, with Amazon adding $50 billion to the pot. The…

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