OpenAI could reportedly increase its valuation to $ 100 billion. Nvidia and Apple are apparently in talks to contribute to the company’s next fundraising round, and Thrive Capital would lead the deal should it happen, according to The New York Times. OpenAI’s annualized revenue reportedly eclipsed $ 3.4 billion early this year, but it’s said […]
Investors are already valuing OpenAI at over $100B on the secondaries market
OpenAI is in talks to raise a new round of funding at an eye-popping $ 100 billion-plus valuation, sources told the Wall Street Journal this week. It turns out investors have already proven they are willing to value the company that high to get on OpenAI’s coveted cap table. Multiple companies that track or facilitate […]
OpenAI reportedly in talks to close a new funding round at $100B+ valuation
ChatGPT creator OpenAI is reportedly in talks to raise a massive tranche of cash led by previous backer Thrive Capital, at a valuation of more than $ 100 billion. That’s substantially higher than OpenAI’s previous $ 86 billion valuation, and by far the highest valuation of any AI startup to date. Thrive will reportedly throw […]
SoftBank’s Masayoshi Son is reportedly seeking $100B to build a new AI chip venture
SoftBank Group’s Masayoshi Son has made no secret of his intent to double down on red-hot artificial intelligence industry. Now, he’s fundraising for his next move in that strategy. According to a report in Bloomberg, the SoftBank founder is seeking $ 100 billion to build a new venture that would compete with the likes of […]