OpenAI Seeks Billions in Funding, Valuation Soars to $100 Billion

OpenAI, the company behind the viral AI chatbot ChatGPT, is reportedly in discussions to secure billions of dollars in a new funding round. This investment could propel the company’s valuation to over $100 billion, according to The Wall Street Journal. Venture capital firm Thrive Capital is leading the round, with Microsoft, an existing OpenAI investor, also expected to participate. ChatGPT’s immense popularity has been a key driver behind OpenAI’s rising valuation. The chatbot’s ability to generate human-like text based on user prompts has captured global attention, highlighting the growing interest and investment in artificial intelligence technologies.