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Nvidia, Microsoft, and Amazon are negotiating a significant investment in OpenAI, potentially totaling up to $60 billion. This funding round could reach $100 billion, with Nvidia considering a $30 billion investment, Microsoft under $10 billion, and Amazon possibly contributing over $10 billion.
Microsoft and Amazon back the Gain AI Act, which aims to restrict Nvidia's chip exports to China while giving tech giants preferential access to chips. This legislation faces opposition from some in the White House and Nvidia but has support from key congressional figures.