NVIDIA's Huang Confirms Participation in OpenAI's $600 Billion Funding Round

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
NVIDIA CEO Jensen Huang confirmed the company's participation in the upcoming funding round for OpenAI's new project, with a planned investment of up to $300 billion. OpenAI is expected to raise a total of $600 billion from NVIDIA, Microsoft, and Amazon prior to its anticipated IPO in Q4 2026. Microsoft is set to invest less than $100 billion, while Amazon aims to invest more than $100 billion. The pre-funding valuation is estimated at $730 billion. On-chain news activity related to the deal has surged, reflecting increased market interest.

BlockBeats news: On January 31, NVIDIA CEO Jensen Huang stated, "We will definitely participate in this round of investment in OpenAI and will invest significant funds into OpenAI."


OpenAI is striving to conduct an IPO in the fourth quarter of this year. NVIDIA, Microsoft, and Amazon are in discussions to invest up to $60 billion in OpenAI. Microsoft plans to invest less than $10 billion, Amazon intends to invest more than $10 billion, and NVIDIA aims to invest up to $30 billion in OpenAI. The company's valuation before this round of financing could reach as high as $730 billion.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.