Tech stocks today: OpenAI raises $110 billion, Anthropic rejects Defense Department AI demands

OpenAI Secures Record $110 Billion Funding Round Backed By Amazon, Nvidia, & SoftBank

OpenAI Secures Record $110 Billion Funding Round Backed By Amazon, Nvidia, & SoftBank OpenAI has closed a new funding round that could total $110 billion, valuing the ChatGPT maker at $730 billion pre-money and potentially putting it on course for an IPO in the second half of the year, according to a new Financial Times report. The three investors in the deal are Nvidia, Amazon, and SoftBank. People familiar with the deal say this opens the pathway to the public markets at the e...

By Tyler Durden