Published 08/28/2024 8:45:00 p.m.

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

OpenAI in talks to raise funding at over $100 bln valuation, WSJ reports

08/28/2024 7:40:01 p.m.·United Kingdom

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NDTV

OpenAI In Talks To Raise Funding At Over $100 Billion Valuation, WSJ Reports

OpenAI, the startup behind the popular ChatGPT, is reportedly in discussions to raise billions of dollars in a new funding round that could see it valued at above $100 billion, the Wall Street Journal reported on Wednesday. The funding round is expected to be led by venture capital firm Thrive Capital, which is poised to invest approximately $1 billion, the report said, citing people familiar with the matter. Tech giant and OpenAI backer Microso…

08/29/2024 6:02:58 a.m.·New Delhi, India

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CNBC

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

OpenAI is in talks to raise a funding round that would value the artificial intelligence startup at more than $100 billion, CNBC has learned.

08/28/2024 7:44:12 p.m.·United States

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Bloomberg

OpenAI Nears Funding Round at More Than $100 Billion Valuation

OpenAI is getting closer to raising funding at a valuation of more than $100 billion in a round led by Thrive Capital, people with knowledge of the matter said.

08/28/2024 8:49:35 p.m.·United States

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Business Insider

Sam Altman's tricky year hasn't stopped OpenAI rocketing into the $100 billion club

OpenAI CEO Sam Altman is leading one of the most valuable companies in the world. Jason Redmond/AFP/Getty ImagesOpenAI is in talks to raise more funding that would value it at over $100 billion.Thrive Capital leads the round with a $1 billion investment, the Journal reported.OpenAI's eye-popping valuation comes despite a string of high-profile controversies.The company leading the AI arms race may be about to become even more valuable.OpenAI is …

08/28/2024 9:30:23 p.m.·United States

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