'OpenAI In Talks For Funding Round Valuing It Above $100B; Thrive Capital And Microsoft Are Among Investors Putting Several Billion Dollars Into ChatGPT Maker' - WSJ
Portfolio Pulse from Benzinga Newsdesk
OpenAI is reportedly in discussions for a new funding round that could value the company at over $100 billion. Thrive Capital and Microsoft are among the investors expected to contribute several billion dollars to the ChatGPT maker.
August 28, 2024 | 7:30 pm
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Microsoft is reportedly participating in a new funding round for OpenAI, which could value the AI company at over $100 billion. This investment aligns with Microsoft's strategy to strengthen its position in the AI sector.
Microsoft's involvement in OpenAI's funding round suggests a strategic investment to enhance its AI capabilities. This could positively impact Microsoft's stock as it strengthens its position in the growing AI market.
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