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OpenAI in Talks for Funding Round Valuing It Above $100 Billion
OpenAI is in talks to raise several billion dollars in a new funding round that would value the startup behind ChatGPT above $100 billion, WSJ reported Wednesday, citing sources. From the report: Venture-capital firm Thrive Capital is leading the round and will invest about $1 billion, according to ...
From the report: Venture-capital firm Thrive Capital is leading the round and will invest about $1 billion, according to people familiar with the matter. Since then, an arms race has developed in Silicon Valley to build the most advanced artificial-intelligence systems in an effort to dominate an industry many say will revolutionize the economy. Thrive, a New York-based firm founded 15 years ago by Josh Kushner, already has a close relationship with OpenAI and its chief executive, Sam Altman.
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