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-0.000143988480921395 0.000719942404607659 0.00224334053275751 0.00369570434365256 0.00355171586273103 0.00278377729781623 0.00508759299256061 0.00230381569474451
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OpenAI Secures $110 Billion at $730 Billion Valuation [Yahoo! Finance]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
This article first appeared on GuruFocus OpenAI has finalized a $110 billion funding round at a $730 billion valuation, marking the largest capital raise in the ChatGPT maker's history and reinforcing the scale of spending now required to compete in advanced AI. The company said the $730 billion figure excludes the new funds, implying a post-money valuation of $840 billion. Amazon.com ( NASDAQ:AMZN ) is committing $50 billion in the round, the largest single investment it has made in any company, while SoftBank Group ( SOBKY ) and Nvidia ( NASDAQ:NVDA ) are each investing $30 billion. The size of the raise suggests OpenAI is positioning aggressively for the next phase of compute-intensive AI development. Warning! GuruFocus has detected 2 Warning Sign with AMZN. Is AMZN fairly valued? Test your thesis with our free DCF calculator. The strategic layer may matter just as much as the capital. As part of the agreement, OpenAI will use Amazon's in-house Trainium AI chips and collab Show less Read more
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