OpenAI is in negotiations to raise approximately $6.5 billion, increasing its valuation to about $150 billion, a significant jump from the $100 billion it previously sought.
The influx of funds would position OpenAI as the second most valuable private company, only behind ByteDance, reflecting a massive shift in valuation over the last nine months.
Despite internal turmoil, including the abrupt firing of CEO Sam Altman and loss of key personnel, OpenAI continues to expand its workforce and develop advanced AI technologies.
Under Altman's leadership, OpenAI has successfully generated investor interest, utilizing strategic fundraising efforts to capitalize on its prominence and leading innovations in the AI space.
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