OpenAI’s Sam Altman is 0% excited to be a public company CEO

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Last week, multiple reports emerged suggesting that OpenAI is currently in talks to raise $100 billion from investors at a $750 billion valuation. As you may know, the AI firm’s market valuation is currently $500 billion after the sale of $6.6 billion in shares from current and former staff in October.

If OpenAI manages to raise $100 billion from investors in its next funding round, the firm’s market share is expected to grow by 50%.



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OpenAI’s Sam Altman is 0% excited to be a public company CEO


Last week, multiple reports emerged suggesting that OpenAI is currently in talks to raise $100 billion from investors at a $750 billion valuation. As you may know, the AI firm’s market valuation is currently $500 billion after the sale of $6.6 billion in shares from current and former staff in October.

If OpenAI manages to raise $100 billion from investors in its next funding round, the firm’s market share is expected to grow by 50%.



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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