OpenAI closing in on $100 billion funding round at $830B valuation

The big guns are all out for OpenAI’s latest funding round. (Picture: generated)
In what looks like one of the strongest funding rounds in history, OpenAI is getting investments from SoftBank and half of the Magnificent Seven.

SoftBank and Nvidia will be the largest investors, clocking in at $30 billion each, while Amazon will pitch in «potentially» $20 billion and Microsoft will contribute «less than» $10 billion, according to Reuters and The Information.

Apparently, Amazon’s investment could come with a caveat that OpenAI expands its cloud server rental with the company, which will likely not be a large hitch.

This will also be SoftBank’s second investment in OpenAI, after recently completing a $41 billion investment, and selling out Nvidia.

That would bring their holdings to $71 billion, which is still short of Microsoft’s reported stake of $135 billion.

Read more: Reuters, and The Information, summarized by Reuters.