The anticipated funding round will likely be spearheaded by venture capital firm Thrive Capital, with a significant investment of around $1 billion.
Sat, Apr 19 2025
The anticipated funding round will likely be spearheaded by venture capital firm Thrive Capital, with a significant investment of around $1 billion.
The tech start-up, OpenAI, which is responsible for the widely used chatbot ChatGPT, is reportedly in advanced discussions to raise billions of dollars in a new investment round.
This prospective cash injection may boost the company's value to more than $100 billion, per The Wall Street Journal.
The upcoming fundraising round is expected to be led by venture capital company Thrive Capital, with a major investment of over $1 billion.
Besides Thrive Capital, tech giant Microsoft, which also backs OpenAI, will likely participate in the funding round too.
However, both OpenAI and Microsoft have yet to confirm their involvement in the funding round.
ChatGPT has significantly contributed to the company's popularity and has played a crucial role in driving up the valuation of the San Francisco-based firm.
The potential funding round and subsequent increase in valuation, underscore the growing interest and investment in artificial intelligence technologies.
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