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OpenAI in Talks to Raise Funding at Over $100 Billion Valuation, WSJ Reports

Scott Liu

Summary: OpenAI, the company behind the widely-used chatbot ChatGPT, is reportedly in talks to raise billions in a new funding round, which could value the company at more than $100 billion, according to a Wall Street Journal report. Venture capital firm Thrive Capital is expected to lead the round with an investment of around $1 billion. ...

OpenAI, the company behind the widely-used chatbot ChatGPT, is reportedly in talks to raise billions in a new funding round, which could value the company at more than $100 billion, according to a Wall Street Journal report.

Venture capital firm Thrive Capital is expected to lead the round with an investment of around $1 billion. Tech giant Microsoft, a key backer of OpenAI, is also expected to participate in the funding.

Neither OpenAI, Microsoft, nor Thrive Capital have responded to requests for comment. The surge in AI's popularity, driven by ChatGPT, has propelled OpenAI’s valuation to unprecedented levels.

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