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0.000965437343116338 0.000799933798582086 -0.000744214271922412 -0.000551678481780787 -0.00201362645850004 -0.0105922268501918 -0.00802692190991097 -0.0129644443218492
Stock impact report

OpenAI Finalizes $110 Billion Funding at $730 Billion Value [Yahoo! Finance Canada]

NVIDIA Corporation (NVDA) 
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Most Read from Bloomberg SoftBank Group Corp. and Nvidia Corp. each invested $30 billion, OpenAI said. The firm's new $730 billion valuation doesn't include the money raised. Post-money, it's now valued at $840 billion. OpenAI expects to bring on additional investors as the funding round progresses. The deals, in the works for months, comes against the backdrop of growing concerns that AI developers and Big Tech firms are spending too much on data centers and chips for AI, with an uncertain payoff. OpenAI alone has previously said it's committed to spend more than $1.4 trillion on AI infrastructure. To finance those bets, OpenAI and rival Anthropic PBC have increasingly tapped an overlapping group of venture funds and tech companies. The large investment from Amazon, a longtime Anthropic backer, also tightens its relationship with OpenAI. As part of the agreement, OpenAI will use Amazon's line of in-house AI chips, called Trainium, and jointly develop customized models for Amaz Show less Read more
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