OpenAI is the new Nvidia for investors that even Nvidia wants in on

Thu, 08/29/2024 - 21:07

Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman. Nvidia may help push OpenAI to a more-than $100 billion valuation after the startup's next funding round.
Chiang Ying-ying, Eric Risberg/AP

OpenAI is proving once again that it's the most valuable startup in the world.
The company is considering a funding round that could value it at more than $100 billion, per The Wall Street Journal.
Apple, Microsoft, and Nvidia are in talks to participate, according to Bloomberg.

Some of the biggest players in tech and artificial intelligence may be betting on OpenAI — including fellow AI darling Nvidia — according to new reports.