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OpenAI in talks to raise funding that would value it at more than $100 billion

  • OpenAI is negotiating new funding that could value the company at $103 billion, according to a report by The Wall Street Journal.
  • Microsoft and Thrive Capital are expected participants, with Thrive contributing around $1 billion.
  • This represents OpenAI's largest funding effort since Microsoft's nearly $10 billion investment in January 2023.
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Reuters broke the news in United Kingdom on Wednesday, August 28, 2024.
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