OpenAI is in talks for a funding deal that could value it at $100 billion or more, marking a significant increase from its previous valuation of $80 billion.
Despite a cooling investor enthusiasm for A.I., OpenAI remains a frontrunner, backed by experienced researchers and substantial financial support for advanced A.I. development.
The prospective funding round led by Thrive Capital could involve around $1 billion, facilitating liquidity for existing shareholders in an environment of fluctuating investor sentiment.
OpenAI's recent advancements in A.I. technology follow its launch of ChatGPT, which catalyzed an investment surge, showcasing the company's capability in resource-intensive A.I. systems.
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