Nvidia, Microsoft, Amazon in talks to invest up to $60 billion in OpenAI: Report

Nvidia, Amazon, and Microsoft ​are in talks to invest ‌up to $60 ​billion in OpenAI, The Information reported on Wednesday.

Nvidia, an existing investor whose chips power OpenAI’s AI models, is in talks to invest up ​to $30 billion, The Information said, ⁠citing a person with knowledge of the situation. Microsoft, a longstanding ​backer with ⁠exclusive rights to sell OpenAI models to cloud customers, is in talks to ‌invest less than $10 billion. And ‌Amazon, which would be a new investor, ‍is also in talks to invest significantly more than $10 ‍billion, potentially even more than $20 billion, the report added.

OpenAI is close to receiving term sheets, or an investment commitment, from these firms, The Information, said citing people ⁠familiar with the matter.

Nvidia, Amazon, Microsoft and ​OpenAI could not immediately respond to ⁠Reuters’ requests for comment outside regular business hours.

Reuters could not immediately verify the report.