OpenAI Nears $100B Valuation With Fresh Funding Round

OpenAI, an artificial intelligence research lab, is looking to raise fresh funding at a valuation of over $100 billion. According to sources, OpenAI is in early talks with potential investors to raise capital in a new funding round.

If successful, the new round of funding would make OpenAI the second most valuable startup in the U.S. behind only SpaceX. OpenAI's valuation has skyrocketed recently thanks to the success of ChatGPT, its conversational AI chatbot.

OpenAI is also in discussions to raise between $8 billion to $10 billion for a new AI chip startup called Tigris, in partnership with Abu Dhabi-based G42. The new funding would help OpenAI compete with NVIDIA in the fast-growing AI chip market.

OpenAI declined to comment on the funding discussions. However, the company is set to allow employees to sell shares in January at an $86 billion valuation, signaling strong investor interest.

OpenAI's success with ChatGPT has spurred new interest and investment in AI. Tech giants like Amazon, Google, and Microsoft have all invested heavily in AI this year to compete with OpenAI.

The new funding would cement OpenAI as an AI leader and allow the company to expand into new areas like AI chips. For investors, OpenAI offers a chance to capitalize on the explosive growth of artificial intelligence.

To learn more about OpenAI and invest in the future of AI, visit openai.com.