Nvidia Discusses Joining OpenAI’s Latest Funding Round (1)

Aug. 29, 2024, 7:36 PM UTC

Nvidia Corp., the world’s biggest chipmaker, has discussed joining a funding round for OpenAI that would value the artificial intelligence startup at more than $100 billion, according to people familiar with the matter.

Apple Inc. and Microsoft Corp. also have been in talks about participating in the financing, said the people, who asked not to be identified because the deliberations are private. The round would be led by Thrive Capital, which is investing about $1 billion, Bloomberg reported earlier this week.

If the discussions move forward, it would mean the three most valuable tech companies are all backing OpenAI, ...

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