OpenAI in talks to secure new funding at $100B+ valuation
OpenAI, the company behind the widely-used ChatGPT, is reportedly in the midst of negotiations to secure a multi-billion dollar investment that could propel its valuation to over $100 billion.
The San Francisco-based artificial intelligence firm has seen a sharp increase in its valuation, largely attributed to the success of ChatGPT, a chatbot known for generating conversational responses that mimic human interaction. While the details of the funding round are still under wraps, the move is indicative of the burgeoning interest and investment in artificial intelligence startups. OpenAI's increased valuation reflects the industry's recognition of ChatGPT's impact and the broader potential of AI applications.
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