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Nvidia close to investing $30 billion in OpenAl’s mega funding round

February 23, 2026

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Business World Philippines

NVIDIA is close to finalizing a $30-billion investment in OpenAl, as the chipmaker moves to take a stake in one of its largest customers, a person familiar with the matter said.

The investment is part of a fundraising round in which OpenAlI is seeking more than $100 billion, the person said. That would value the ChatGPT maker at about $830 billion and amount to one of the largest private capital raises on record.

SoftBank Group and Amazon are also likely to participate in the round, Reuters previously reported.

المزيد من القصص من Business World Philippines

Business World Philippines

PhilCycling honors a junior champion rider

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time to read

1 min

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Business World Philippines

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time to read

1 mins

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Business World Philippines

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time to read

1 min

February 23, 2026

Business World Philippines

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time to read

3 mins

February 23, 2026

Business World Philippines

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time to read

2 mins

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Business World Philippines

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time to read

3 mins

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Business World Philippines

Nvidia close to investing $30 billion in OpenAl’s mega funding round

NVIDIA is close to finalizing a $30-billion investment in OpenAl, as the chipmaker moves to take a stake in one of its largest customers, a person familiar with the matter said.

time to read

1 min

February 23, 2026

Business World Philippines

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time to read

1 mins

February 23, 2026

Business World Philippines

2026 budget release rate hits 62.6%

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time to read

1 min

February 23, 2026

Business World Philippines

DLSU professor wins international Innovation Award

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time to read

1 mins

February 23, 2026

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