OpenAI is in talks to raise funds that value the company over $100 billion

OpenAI is in talks to raise funds that value the company over $100 billion

Tech Trending: OpenAI, the company behind the popular ChatGPT chatbot, is close to securing a massive investment that could value it at over $100 billion. This would make it one of the most valuable startups in the world.

According to sources, Thrive Capital, a leading venture capital firm, is set to invest $1 billion in OpenAI. Microsoft, which has already backed OpenAI, is also expected to contribute money.

This investment is a big deal because OpenAI’s valuation has skyrocketed in recent months. Just last year, it was valued at $86 billion. The company’s success is mainly due to ChatGPT, which has made AI accessible to everyone. OpenAI plans to use this investment to continue innovating and growing. The company, Microsoft, and Thrive Capital have not commented on the deal yet.

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