Amazon, Nvidia and SoftBank have invested in OpenAI. Its value increased by 46%
The money received has no impact on OpenAI's agreement with Microsoft, the company hastened to assure
OpenAI has raised $110 billion / Photo: Unsplash/Jonathan Kemper
Global artificial intelligence market leader OpenAI has announced that it has raised a $110 billion investment.
Three investors took part in the round: Amazon provided $50 billion, Nvidia - $30 billion, Japanese conglomerate SoftBank - another $30 billion, OpenAI said in a statement. The total amount was more than double the previous investment round a year ago, which then became a record for a private technology company, CNBC notes.
As part of the deal, OpenAI was valued at $730 billion, up by almost half from the $500 billion that was recorded during the secondary offering in October, the channel notes.
"We have also signed a strategic partnership with Amazon and secured access to next-generation computing power for the NVIDIA-powered inferencer. Other financial investors are expected to join the round as it continues," the company said in a statement.
The new round of investment does not change the terms of the partnership between Microsoft and OpenAI in any way, the companies clarified in a separate joint statement.
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