OpenAI announces new $110 billion investment at a $730 billion valuation

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OpenAI announced a new investment of $110 billion at a valuation of $730 billion, including $30 billion from SoftBank, $30 billion from NVIDIA, and $50 billion from Amazon. OpenAI stated that it will expand its AWS partnership to $100 billion over the next eight years. OpenAI also signed a strategic cooperation agreement with Amazon and collaborated with NVIDIA to develop the next-generation inference computing. As funding rounds progress, more financial investors are expected to join. This new valuation has increased the value of OpenAI Foundation’s stake in the OpenAI Group to over $180 billion, further solidifying its position as one of the most resource-rich non-profit organizations in history.

(Source: Cailian Press)

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