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OpenAI completes a deal that increases the company’s value to $80 billion

  • February 18, 2024
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ChatGPT, DALL-E And sora There has been an explosion of development regarding OpenAI, one of the companies we’ve been talking to lately with its artificial intelligence tools such

OpenAI completes a deal that increases the company’s value to  billion

ChatGPT, DALL-E And sora There has been an explosion of development regarding OpenAI, one of the companies we’ve been talking to lately with its artificial intelligence tools such as. As a result of a recently completed deal, the company was valued at $80 billion. Previous rumors also pointed to this development.

The rumors in question are Open AI He said no shares would be issued for the new investment he would receive, and that employees would be allowed to sell shares if they wished. The situation is no different in the current development. In September 2023 It was said that the company would reach a value of $80-90 billion in this development.

And they were right. OpenAI reached a valuation of $80 billion. It grew 3 times in 10 months.

Open AI

company Thrive Capital It will sell its existing shares in a public offering led by OpenAI. As we mentioned earlier, employees will of course be able to buy their shares in the company directly in cash, rather than going through an investment round to raise money. With this appreciation Open AIwill find its place among the most valuable startups, right behind ByteDance and SpaceX.

Naturally, the company does not stand still in this process. CEO Sam Altmanwants to embark on an adventure in artificial intelligence-oriented chip production. Details on this matter have obviously not yet been shared. However, we know that every company involved in artificial intelligence will focus on chip production during this period anyway. Between them Meta and NVIDIA These companies, including , are trying to produce their own chips to reduce dependence on outside companies.

OpenAI managed to make a pretty solid show of force with Sora. Once you see what Sora can do, you’ll realize why he’s become such a focal point of the company. You can view the content below.

Source: Web Tekno

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