OpenAI raises $6.6 billion from Microsoft and NVIDIA, pushing its market cap to $157 billion — with "the world's dominant AI company worth trillio...

fjtorres5591

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May 16, 2023
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So, just like any other *american* tech start-up?
Unlike europe, the US still has a deep venture capital pool. These kinds of deals are routine. Just look at EV and semiconductor fab deals. Or New Space or private fusion. Big profits need big investments.

Six billion from MS alone would be like 1% of annual net profits looking for a few billion a year in return? Whatever they put in this time is less, so what's the big deal?
Sofa cushion money.
They probably will get more back from AZURE alone.
 
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