Nvidia, Microsoft, Amazon in $60B OpenAI Talks

Major technology companies Nvidia, Microsoft, and Amazon are in discussions to collectively invest up to $60 billion in OpenAI, the artificial intelligence startup behind ChatGPT, according to reports from Wednesday.

Nvidia, which already invests in OpenAI and supplies the specialized chips essential for training its AI models, is considering a contribution of up to $30 billion. Microsoft, a key partner with exclusive rights to commercialize OpenAI's models through its Azure cloud platform, plans to invest less than $10 billion. Amazon, entering as a new backer, is negotiating for more than $10 billion, with the amount potentially exceeding $20 billion. OpenAI is nearing the receipt of term sheets, formal documents outlining the terms of these investments, from the three firms.

The potential influx of capital comes as OpenAI contends with escalating expenses related to developing and operating its advanced AI systems. Training large language models requires vast computational resources, and costs have surged amid intensifying competition, particularly from Alphabet's Google, which has accelerated its own AI initiatives. This funding round follows earlier reports this week...