The funding round, led by Thrive Capital, is expected to value the artificial intelligence (AI) startup at over US$100 billion. NVIDIA is said to be eyeing a US$100 million stake in OpenAI as companies race to get exposure to the sector.
The three companies haven’t confirmed their involvement yet, but if a deal materializes it would mark a major collaboration between three of the most valuable companies in the tech industry, and one of the most prominent AI firms.
Thrive Capital will also reportedly contribute about US$1 billion to this funding round, which comes as OpenAI aims to upscale its operations as a direct response to growing global demand for AI technologies.
OpenAI’s flagship product, ChatGPT, has been at the forefront of the AI revolution, transforming interactions with technology and sparking a competitive race among tech companies to integrate AI across their products.
Crucially, NVIDIA’s interest in OpenAI is aligned with its broader strategy of dominating the AI hardware market.
Apple’s involvement in this funding round leans more towards enhancement of current AI capabilities.
Microsoft’s deep ties with OpenAI position it as a central player in this latest funding round. The company has closely integrated OpenAI’s technology into products such as its Windows operating system and its Copilot AI platform.
As the AI arms race continues to intensify, the collaboration between these industry leaders could have far-reaching implications for the future of AI.
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
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