OpenAI to reach $100 billion valuation

12:39 - 29.08.2024


August 29, Fineko/abc.az. OpenAI, the American company renowned for creating the generative artificial intelligence (AI) chatbot ChatGPT, is in talks to secure a deal that could propel its valuation to an astonishing $100 billion.

ABC.AZ reports citing The New York Times that this transaction could result in a remarkable $20 billion increase in the company's worth.

Sources close to the matter suggest that the deal may involve substantial investments from Thrive Capital, a prominent American investment firm, and tech giant Microsoft.