OpenAI eyes potential funding round exceeding $100B: Report

The news follows OpenAI’s Sam Altman declaring to his 2.5 million followers that 2023 is the “crazy year” when AI started being taken seriously.

The artificial intelligence (AI) developer OpenAI has reportedly entered discussions with investors considering investing more than $100 billion into the company, according to individuals with knowledge of the situation.

According to a recent report by Bloomberg, sources familiar with the matter claim that investors who may invest funds into the AI developer have participated in preliminary discussions amid a surge of funding within the AI industry.

On Dec. 11, Cointelegraph reported that French AI startup Mistral AI closed a funding round worth approximately $415 million to continue its efforts in developing generative AI tools, chatbot development and customizable features.

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Source: https://cointelegraph.com/news/open-ai-investor-discussions-report