OpenAI in talks to raise funding that would value it at more than $100 billion
OpenAI is in talks to raise a funding round that would value the artificial intelligence startup at more than $100 billion, CNBC has learned.
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OpenAI gets $4 billion revolving credit line, giving it more than $10 billion in liquidity
OpenAI has a $4 billion revolving line of credit, bringing its total liquidity to more than $10 billion, CNBC has learned. It follows news Wednesday that OpenAI closed its recent funding round at a valuation of $157 billion, including the $6.6 billion the company raised from an extensive roster of investment firms and big tech companies.
OpenAI closes funding at $157 billion valuation, as Microsoft, Nvidia, SoftBank join round
OpenAI has closed its long-awaited funding round at a valuation of $157 billion, including the $6.6 billion the company raised from an extensive roster of investment firms and big tech companies.
OpenAI sees roughly $5 billion loss this year on $3.7 billion in revenue
OpenAI, the creator of ChatGPT, expects about $5 billion in losses on $3.7 billion in revenue this year, CNBC has confirmed.
Tiger Global plans to join OpenAI’s funding round at more than $150 billion valuation
Tiger Global is planning to join OpenAI's buzzy new funding round that would value the artificial intelligence startup at more than $150 billion, according to sources familiar with the situation.