OpenAI closes $110 billion funding round with backing from Amazon, Nvidia and Softbank
OpenAI has closed a $110 billion funding round, a financing that's more than double the size of its last raise a year ago, which was a record for a private tech company. Amazon invested $50 billion, Nvidia invested $30 billion and SoftBank invested $30 billion in the round, OpenAI said in a release on Friday.
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OpenAI's $110 billion funding round draws investment from Amazon, Nvidia, SoftBank
OpenAI said on Friday it is raising $110 billion in a blockbuster funding round that would value the ChatGPT maker at $840 billion, in a deal that signals the feverish pace of investment in artificial intelligence.
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Alphabet: You'll Regret Not Buying Here
Alphabet remains a long-term value creator despite recent stock depreciation and market skepticism over AI-driven CapEx increases. Q4 revenues grew 17.9% Y/Y to $113.82B, with search and cloud segments driving performance; AI overviews and the Gemini chatbot show strong user engagement. The updated DCF model raises the fair value estimate to $388.68 per share, above the current market price.
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