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NEW FUNDING FOR OPENAI

OpenAI funding talks.
- San Francisco-based OpenAI is reportedly in talks to raise a new round of funding.
- The company's valuation is estimated to be at least $100 billion.

Funding terms and timing:
- Funding terms and timing are still under discussion and subject to change.

Chip venture talks with G42:
- OpenAI is also reportedly in talks with Abu Dhabi-based G42 for a chip venture.
- G42 is reportedly considering an investment of $8 billion to $10 billion.

Thrive Capital-led stock tender offer:
- OpenAI is expected to complete a Thrive Capital-led stock tender offer in January.
- Employees will be allowed to sell $86 billion worth of their shares.

Investment from Microsoft:
- Microsoft has committed to invest more than $10 billion in OpenAI.

OpenAI valuation and the impact of ChatGPT

- OpenAI gained attention with the release of the ChatGPT chatbot in November 2022.
- This led to a significant increase in the company's valuation.

Current company position:
- Microsoft and OpenAI have not yet commented on this matter.

Where do you think such funding could take AI even further?

MSFT

Microsoft

MSFT
$414.58 $0.94 +0.23%
1 Day
+0%
5 Days
-2.23%
1 Month
-2.89%
6 Months
+21.88%
YTD
+8.42%
1 Year
+58.21%
5 Years
+264.24%
Max.
+413,479.23%

Oh, my goodness. The next award pretty much depends on how they stand up to the last version of gpt