OpenAI is embarking on a huge investment round: its value could reach $90 billion!
September 27, 2023
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It’s one of the companies we’ve spoken to most recently with its artificial intelligence tools like ChatGPT and DALL-E. Open AI There was an explosive development in this
It’s one of the companies we’ve spoken to most recently with its artificial intelligence tools like ChatGPT and DALL-E. Open AI There was an explosive development in this area. According to The Wall Street Journal, based on sources familiar with the matter, the company is preparing for a massive investment drive. If this investment is completed, OpenAI’s value will reportedly exceed $29 billion. $80-90 billion will rise to the level.
Artificial intelligence powered chatbot ChatGPT made the industry evolve to a completely different point. Because OpenAI showed promise, Microsoft even invested $10 billion in the company. This massive investment includes Microsoft’s OpenAI up to 49 percent made sure he got it. In April, we learned that OpenAI received another $300 million in investment and reached a valuation of $29 billion. Very fast, that goes beyond all this It looks like there will be an improvement.
Employees are allowed to sell shares for a large amount
According to the claims of The Wall Street Journal, OpenAI will receive new investments will not issue shares. According to estimates, the company will allow the shares given to employees to be sold. While nothing is final yet, it is said that SoftBank in particular is looking forward to this investment. If you think this name sounds familiar, you got it. Soft Sofathat took place recently with its public offering The parent company of ARM, which is always on the agenda.
Sources like TechCrunch have reached out to OpenAI to verify the claims. However, there is no official statement from the company. not for now. If there is a new development in this area, we will continue to inform you.
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Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.