OpenAI looks for funding with a $750 billion valuation, claims report

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OpenAI, the company that has become the face of the AI revolution, is engaged in funding negotiations with investors to raise tens of billions of dollars at a valuation of $750 billion, according to a report by The Information.

According to the website, the talks were still in their early stages, and the specifics might alter. A request for comment by various publications was not immediately answered by OpenAI.

Read Also: Dow Jones down 1,000 points from record highs as AI-linked sell-off resumes on Wall Street

Recent years have seen OpenAI earn…



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OpenAI looks for funding with a $750 billion valuation, claims report


OpenAI, the company that has become the face of the AI revolution, is engaged in funding negotiations with investors to raise tens of billions of dollars at a valuation of $750 billion, according to a report by The Information.

According to the website, the talks were still in their early stages, and the specifics might alter. A request for comment by various publications was not immediately answered by OpenAI.

Read Also: Dow Jones down 1,000 points from record highs as AI-linked sell-off resumes on Wall Street

Recent years have seen OpenAI earn…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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