OpenAI's valuation soars to $150B
OpenAI, the artificial intelligence startup behind ChatGPT, is in negotiations with investors to raise $6.5 billion at a valuation of $150 billion, Bloomberg reported, citing anonymous sources. The latest funding round, led by Thrive Capital, gives OpenAI a significantly higher valuation than its $86 billion appraisal earlier this year. Apple and Nvidia have also held talks to invest in the startup, Bloomberg previously reported, citing anonymous sources. Following the launch of ChatGPT in 2022, OpenAI’s growth has skyrocketed, setting off intense competition in the AI space with tech giants such as Meta and Google.
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