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OpenAI is in discussions to secure several billion dollars in funding, aiming to surpass a $100 billion valuation. The company, known for its ChatGPT technology, is reportedly receiving significant investment from Thrive Capital and Microsoft. This funding round marks a pivotal moment for OpenAI, which has rapidly evolved in less than a decade.
The anticipated capital infusion would be the largest since Microsoft's previous $10 billion investment in 2023. OpenAI has invested heavily in developing its GPT-4 model, which is central to its AI capabilities. Despite recent leadership changes and office relocations, OpenAI continues to expand its influence in the AI sector.
• OpenAI seeks to raise billions, aiming for a $100 billion valuation.
• Thrive Capital and Microsoft are key investors in the upcoming funding round.
It serves as the foundation for many of OpenAI's AI applications, including ChatGPT.
OpenAI's current funding round is expected to be the largest in its history.
The company is known for its innovative AI models, including ChatGPT and GPT-4.
It has been a significant backer of OpenAI, contributing hundreds of millions since last year.
It holds a 49% stake in OpenAI's for-profit arm, reflecting its commitment to AI development.
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