Bloomberg: NVIDIA is close to finalizing a deal to invest $20 billion in OpenAI, with the agreement nearing completion.

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ChainCatcher reports, citing sources familiar with the matter, that NVIDIA is about to reach an agreement to invest $20 billion in OpenAI, and NVIDIA’s investment plan is close to completion. As the information has not been made public, these individuals requested anonymity. The deal has not been finalized yet, and terms may still change. Both OpenAI and NVIDIA declined to comment.

Previously, Bloomberg reported that OpenAI plans to raise up to $100 billion in a new funding round, with most of the funds coming from large tech companies. Amazon has discussed investing up to $50 billion, and SoftBank has also discussed investing up to $30 billion.

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