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