OpenAI in Talks to Secure Funding, Aiming for $100 Billion Valuation
OpenAI, the company behind ChatGPT, is reportedly in preliminary discussions to raise a new round of funding, targeting a valuation at or above $100 billion. If successful, this move would solidify OpenAI as one of the world’s most valuable startups, positioning it as the second-most-valuable in the U.S., following SpaceX.
Investors have been engaged in early talks, though details such as terms, valuation, and timing are yet to be finalized and may undergo changes. The funding, if realized, is expected to position OpenAI as a significant player in the AI landscape, reflecting the enthusiasm sparked by its ChatGPT release a year ago.
OpenAI is also set to conclude a separate tender offer in January, allowing employees to sell shares at an $86 billion valuation, led