OpenAI Reportedly Finalizing $100B Deal at More Than $850B Valuation

OpenAI is reportedly getting close to closing a $100 billion deal, with backers including Amazon, Nvidia, SoftBank, and Microsoft. The deal would value the ChatGPT-maker at $850 billion.

The news comes as OpenAI continues to expand its presence in the AI market, with its ChatGPT chatbot gaining popularity in recent months. The company has been working on various projects, including a new AI model that can generate human-like text.

The $100 billion deal would be one of the largest investments in a technology company in recent history. It would also give OpenAI a significant amount of capital to continue its research and development efforts.

The deal is reportedly being led by Amazon, which has been a major backer of OpenAI in the past. Nvidia, SoftBank, and Microsoft are also expected to contribute to the deal.

The news of the deal has sent shockwaves through the tech industry, with many analysts predicting that it will have a significant impact on the market.

Sources

[2] OpenAI reportedly finalizing $100B deal at more than $850B valuation