Nvidia and SoftBank complete final $20 billion investment in OpenAI.

BlockBeats news, October 2 — Nvidia (NVDA.O) and SoftBank have each completed the final $10 billion investment in OpenAI's previous funding round, fulfilling their respective $30 billion investment commitments.

OpenAI disclosed in March of this year that the round received $122 billion in investment commitments, with a post-money valuation of $852 billion; Amazon (AMZN.O) had previously committed to invest up to $50 billion and completed its full investment in July. With the previous round now closed, OpenAI may be paving the way for its next private funding round, targeting about $30 billion in financing at a valuation that could reach about $1.4 trillion.

SoftBank said that after completing the latest investment, its cumulative investment in OpenAI has reached $64.6 billion, with a stake of about 13%; part of the final investment funds came from SoftBank's $11.1 billion high-yield bond issuance completed at the end of September. (The Information)