OpenAI Seeks Record-Breaking $150 Billion Valuation in Latest Funding Round

By Byte Staff News
FILE PHOTO: Sam Altman, CEO of OpenAI, attend the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. REUTERS/Carlos Barria/File Photo

The funding round is expected to be led by venture capital firm Thrive Capital, which is reportedly contributing around $1 billion. Other major tech companies, including Microsoft, Apple, and Nvidia, are also in talks to participate in the funding round. Microsoft, which has already invested $13 billion in OpenAI since 2019, is likely to deepen its stake in the company.

Share This Article
Leave a Comment