OpenAI in Talks for Funding Round Valuing It Above $100 Billion

OpenAI is in talks to raise several billion dollars in a new funding round that would value the startup behind ChatGPT above $100 billion. The new funding round would be the biggest infusion of outside capital into OpenAI since Microsoft invested around $10 billion in January 2023. Since then, an arms race has developed in Silicon Valley to build the most advanced artificial-intelligence systems in an effort to dominate an industry many say will revolutionize the economy.

Source: OpenAI in Talks for Funding Round Valuing It Above $100 Billion

Get the latest RightsTech news and analysis delivered directly in your inbox every week
We respect your privacy.
Get the latest RightsTech news and analysis delivered directly in your inbox every week
We respect your privacy.