OpenAI Secures Massive Investment
OpenAI has announced a new $110 billion investment at a $730 billion valuation, marking a significant milestone in its journey to lead the artificial intelligence revolution.
The funding includes $30 billion from SoftBank, $30 billion from NVIDIA, and $50 billion from Amazon.
Collaboration with Amazon
OpenAI will collaborate with Amazon to develop custom models using Amazon Web Services (AWS) infrastructure, leveraging 2 gigawatts of Trainium chip computing power.
This partnership will provide OpenAI with robust technical support to accelerate innovation in AI.
SoftBank's Investment
SoftBank's cumulative investment in OpenAI is expected to reach $64.6 billion, giving them an estimated 13% stake after the transaction.
This investment will further solidify OpenAI's position in the global AI market.