Tech Giant Raises Billions. Will It Crush the Competition?
The AI giant is in talks to raise $150 billion in funding, which would make it the world’s largest startup if it does.
OpenAI has plans
OpenAI is planning a round of funding that will allow it to further develop ChatGPT and other products without having to go public. According to experts, the company’s value has been calculated at an astronomical amount of 150 billion dollars.
ChatGPT owner’s plan to raise $6.5 billion from private investors and the launch of a credit line that will provide the company with access to an additional $5 billion, if necessary.
According to Bloomberg, the company’s valuation for this investment round was as much as $150 billion. This is significantly higher than previous estimates, which recently valued OpenAI at “only” $86 billion.
The goal Sam Altmanthe company’s president is to avoid entering the stock exchange as long as possible. And all because of stock exchange regulations that hinder the dynamic development of such companies.
The main investor in OpenAI is currently Microsoft.. As we wrote earlier on Telepolis, in this round of financing, giants such as Apple and Alphabet expressed their interest in joining the project. (owner of Google).
Meanwhile, one of the largest investment firms in the US, Forge Global Holdings, has included OpenAI on the list of the “Magnificent Seven”, or 7 companies in which it is best to invest. For a long time, the list has included Microsoft, Apple, Alphabet and Tesla.
See: OpenAI Bets on TSMC. Does NVIDIA Have Anything to Fear?
