OpenAI is in discussions for a possible stock sale in a move that would boost the company’s valuation from $29 billion to between $80 billion and $90 billion, according to the Wall Street Journal. a report Citing people familiar with the talks.
in April, OpenAI It has secured just over $300 million in funding from backers such as Sequoia Capital, Andreessen Horowitz, Thrive, and K2 Global at a valuation of $29 billion. This was separate from a major investment Microsoft announced earlier this year, which closed in January. Microsoft’s investment is believed to be around $10 billion.
OpenAI Generative AI is very popular ChatGPT Assistant is one of the biggest technology success stories in recent times Since its debut about nine months ago, allowing anyone to create essays, poems, and summaries with simple text prompts. TechCrunch also reported this week that ChatGPT is about to become more interactive with users as well Able to have a voice conversation With chatbot.
Artificial intelligence company 49% owned by MicrosoftShe said in late August that she expected it To reach $1 billion in revenue In 2023.
According to the Wall Street Journal, employees will be allowed to sell their existing shares instead of the company issuing new shares.