OpenAI Buys Back $7B Shares at $852B Valuation; Nvidia Seeks $500B for AI Compute

快鲤鱼 · wechat · 2026-08-11

OpenAI Repurchases $7B in Employee Shares: Preparing for a potential IPO, OpenAI is buying back about $7 billion in shares directly from current and former employees without external investors, maintaining an $852 billion valuation.

Nvidia Aims to Raise $500B+ for AI Compute: Nvidia is partnering with six financial giants, including Apollo, BlackRock, and Goldman Sachs, to establish a compute financing platform, channeling massive third-party capital into AI infrastructure.

OpenAI Launches Premium ChatGPT Business Seats: Targeting heavy users, the new premium seats offer 5x the usage of standard plans, priced at $125/month ($100/month billed annually).

Meta Releases MuseGlimmer, Advocates Open Weights: Mark Zuckerberg urged the US government to lower policy barriers for open-weight AI models and review distillation policies. Meta released MuseGlimmer, a smaller open-weight model designed for agentic tasks that runs locally on Macs or PCs with GPUs.

Alibaba's Qwen Launches Paid Tiers: Qwen App introduced three paid subscription tiers for its office assistant, with the flagship tier costing 1499 RMB/year for 20x quota, while keeping basic features free.

DeepSeek Establishes New Department: DeepSeek has set up the "DeepSeek Harness" team, a newly formed department currently on a massive hiring spree.

Related event: Nvidia Partners with Wall Street for $500B AI Funding; OpenAI Buys Back $7B in Staff Shares(51 posts)→

Original post →

More from Venture

Venture channel →