OpenAI in talks to raise funding at over $100 billion valuation, WSJ reports

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OpenAI, the startup behind the popular ChatGPT, is reportedly in discussions to raise billions of dollars in a new funding round that could see it valued at above $100 billion, the Wall Street Journal reported on Wednesday.

FILE PHOTO: OpenAI logo is seen in this illustration taken May 20, 2024.

Tech giant and OpenAI backer Microsoft is also expected to put in money, it added.

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Category: EconomyBusiness

Markets: Singapore

Topics: Thrive Billion Funding Mediacorp Chatgpt 2024 Firm Capital Openai Expected Microsoft

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-29 @ 03:40:03 (4 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 192 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 22 words per sentence (average)

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News ID: 22292661

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