Nvidia nears deal to invest $20 billion in OpenAI funding round, source says

A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration

Feb 3 (Reuters) - Nvidia is nearing ‌a deal to invest roughly $20 billion in OpenAI as part of ‌its latest funding round, a person familiar with the matter told ‌Reuters on Tuesday.

ChatGPT maker OpenAI is looking to raise up to $100 billion in its latest funding round, valuing it at about $830 billion, Reuters had reported last week.