OpenAI Reportedly In Talks To Raise Funds At $150B Valuation
Portfolio Pulse from Benzinga Newsdesk
OpenAI is reportedly in discussions to raise funds at a valuation of $150 billion, according to Bloomberg. This development could have implications for companies like Microsoft, which has invested in OpenAI.
September 11, 2024 | 7:52 pm
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Microsoft, a significant investor in OpenAI, could see positive impacts from OpenAI's potential $150 billion valuation, as it may enhance Microsoft's AI capabilities and market position.
Microsoft has a strategic partnership with OpenAI, and a higher valuation for OpenAI could enhance Microsoft's AI offerings and market perception, potentially leading to a positive impact on MSFT stock.
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