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  • btc = $105 963.00 3 696.47 (3.61 %)

  • eth = $3 590.57 155.60 (4.53 %)

  • ton = $2.13 0.06 (2.74 %)

29 Aug, 2024
1 min time to read

OpenAI, the creator of ChatGPT, is reportedly in discussions to raise a significant new funding round, which would value the company at over $100 billion.

This would mark a substantial increase from its previous $86 billion valuation, making it the highest-valued AI startup to date. Thrive Capital is expected to lead the round, contributing around $1 billion, with Microsoft also likely to participate.

The funding comes at a time when OpenAI is facing rising costs. According to reports, the company could lose about $5 billion by the end of the year, despite having annual revenues of $3.4 billion.