JonSnow
:
OpenAI allegedly seeks new funding round at $100B valuation OpenAI is seeking a new funding round that would value the AI company above $100 billion, The Wall Street Journal reported on Wednesday.
According to the report, venture capital firm Thrive Capital is expected to lead the investment, contributing around $1 billion. Microsoft, which previously invested $10 billion in the ChatGPT creator, is also likely to participate in what would be considered the biggest capital infusion since Microsoft committed around $10 billion at the beginning of 2023.
This round followed a significant valuation increase from $86 billion late last year when employees sold existing shares. Moreover, at this moment, the company is reportedly working on a new product for advanced reasoning called "Strawberry."
JonSnow
151463927
:
OpenAI allegedly seeks new funding round at $100B valuation
OpenAI is seeking a new funding round that would value the AI company above $100 billion, The Wall Street Journal reported on Wednesday.
According to the report, venture capital firm Thrive Capital is expected to lead the investment, contributing around $1 billion. Microsoft, which previously invested $10 billion in the ChatGPT creator, is also likely to participate in what would be considered the biggest capital infusion since Microsoft committed around $10 billion at the beginning of 2023.
This round followed a significant valuation increase from $86 billion late last year when employees sold existing shares. Moreover, at this moment, the company is reportedly working on a new product for advanced reasoning called "Strawberry."
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JonSnow : OpenAI allegedly seeks new funding round at $100B valuation
OpenAI is seeking a new funding round that would value the AI company above $100 billion, The Wall Street Journal reported on Wednesday.
According to the report, venture capital firm Thrive Capital is expected to lead the investment, contributing around $1 billion. Microsoft, which previously invested $10 billion in the ChatGPT creator, is also likely to participate in what would be considered the biggest capital infusion since Microsoft committed around $10 billion at the beginning of 2023.
This round followed a significant valuation increase from $86 billion late last year when employees sold existing shares. Moreover, at this moment, the company is reportedly working on a new product for advanced reasoning called "Strawberry."
JonSnow 151463927 : OpenAI allegedly seeks new funding round at $100B valuation
OpenAI is seeking a new funding round that would value the AI company above $100 billion, The Wall Street Journal reported on Wednesday.
According to the report, venture capital firm Thrive Capital is expected to lead the investment, contributing around $1 billion. Microsoft, which previously invested $10 billion in the ChatGPT creator, is also likely to participate in what would be considered the biggest capital infusion since Microsoft committed around $10 billion at the beginning of 2023.
This round followed a significant valuation increase from $86 billion late last year when employees sold existing shares. Moreover, at this moment, the company is reportedly working on a new product for advanced reasoning called "Strawberry."