OpenAI is reportedly in talks with investors to raise $ 6.5 billion in new funding, valuing the startup at $ 150 billion, according to Bloomberg and the Financial Times. That’s significantly higher than OpenAI’s previously reported valuation from earlier this year, $ 86 billion, and far higher than any other AI startup today. The funding […]
Is OpenAI worth $100B?
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 […]
OpenAI, Adobe and Microsoft support California bill requiring watermarks on AI content
OpenAI, Adobe and Microsoft have thrown their support behind a California bill requiring tech companies to label AI-generated content, according to letters from the companies viewed by TechCrunch. The bill is headed for a final vote in August. AB 3211 requires watermarks in the metadata of AI-generated photos, videos and audio clips. Lots of AI […]