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](https://media.bulios.com/media/ticker/882526fe-7cf5-4b65-ab53-6b2168d0fda9.png)
Oh, my goodness. The next award pretty much depends on how they stand up to the last version of gpt