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OpenAI Seeks $100 Billion Valuation with ChatGPT
2024-08-29 09:00:08
Artificial Intelligence
Tech
Technology

OpenAI Seeks $100 Billion Valuation with ChatGPT

OpenAI, the creator of ChatGPT, aims for a $100 billion valuation with investments from major firms such as Microsoft, Thrive Capital, Google, and Meta. This move echoes high valuations seen with Facebook.

Competitor Anthropic, known for the chatbot Claude, also attracts significant investment. The substantial costs of training AI models, requiring massive computing infrastructure, mainly rely on tech giants for funding.

OpenAI's significant investments in AI education and hiring personnel reflect its growth and potential to shape the AI landscape.

Related news on that topic:

OpenAI's ChatGPT Targets $100 Billion Valuation Amid AI Race

OpenAI, the developer of ChatGPT, is aiming for a $100 billion valuation with investments from Microsoft and Thrive Capital, reflecting the soaring trend of billion-dollar valuations in the tech industry. The AI competition in Silicon Valley, involving heavyweights like Google and Meta, is intensifying with massive investments. Apart from ChatGPT, rivals like Anthropic and their chatbot Claude are also securing billion-dollar funding. These AI programs, including ChatGPT, are revolutionizing text generation through human-level language understanding, fueled by extensive data training. OpenAI faces financial challenges despite its $3.4 billion revenue projection, as it anticipates significant losses by 2025 due to substantial expenses in AI development and staffing. This potential funding round would mark OpenAI's largest external investment since Microsoft's significant contribution in early 2023, underlining its prominent position in the AI landscape.

The press radar on this topic:

Webrazzi
29. August 2024 um 07:00

OpenAI Prepares to Raise Investment at a $100 Billion Valuation

Technology
Economy
Finance
OpenAI is preparing to raise new investment at a valuation of $100 billion. The investment round is expected to be led by Thrive Capital, with Microsoft also expected to participate. Other investors include Andreessen Horowitz, K2 Global, Sequoia Capital, Tiger Global Management, Khosla Ventures, and Y Combinator. OpenAI received its first investment from Y Combinator in 2016 and has raised a total of $11.3 billion to date. OpenAI's valuation surpassed $80 billion in February. With the success..
focus
29. August 2024 um 06:49

New Financing Round - ChatGPT Developer OpenAI Aims for $100 Billion Market Value

Technology
Economy
Finance
OpenAI, the developer of ChatGPT, is aiming for a total valuation of $100 billion in a new financing round. AI programs like ChatGPT are trained on large amounts of data and can formulate texts at a human level by estimating word by word how a sentence should continue.
lvz
29. August 2024 um 05:50

OpenAI, the Creator of ChatGPT, Aims for a $100 Billion Valuation

Technology
Economy
Finance
OpenAI, the creator of ChatGPT, is seeking a $100 billion valuation. Microsoft, Thrive Capital, Google, and Meta are investing billions. Similar high valuations were seen with Facebook. Telegram founder Durow was arrested for dealing with crime. Competitor Anthropic with the chatbot Claude received billions. The training of AI models requires massive computer infrastructure and consumes billions, which can be provided mainly by tech giants.
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