OpenAI in Talks for $100 Billion Funding Round
Open AI4 Nov 2024

OpenAI in Talks for $100 Billion Funding Round

OpenAI is in talks to close a new funding round at a $100 billion valuation, which would be one of their biggest infusions of capital. They have already raised $86 billion and allowed employees to sell shares in the company. OpenAI is on track to lose about $5 billion by the end of the year, despite generating $3.4 billion in annualized revenue. They have burned $8.5 billion in AI training and staffing. Thrive Capital and Microsoft are expected to participate in the funding round, and there are rumors that Nvidia and Apple may also contribute.



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Nvidia Becomes the First $5 Trillion Tech Giant

Nvidia Becomes the First $5 Trillion Tech Giant

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5 Nov 202512min

AI Alert: ChatGPT Can Now See Inside Company Systems

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2 Nov 202513min

OpenAI’s Sky Can Now Run Your Computer for You

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1 Nov 202511min

Exploring Atlas: OpenAI’s Next-Gen AI Browser

Exploring Atlas: OpenAI’s Next-Gen AI Browser

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31 Okt 202518min

AI Learns Spatial Reasoning: General Intuition Raises $134M

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29 Okt 202518min

U.S. Startup Reflection AI Raises $2B to Take on DeepSeek

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18 Okt 202513min

Want Sora Access? OpenAI’s App Just Hit 1 Million Downloads

Want Sora Access? OpenAI’s App Just Hit 1 Million Downloads

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17 Okt 202512min

AI Memory Startup Supermemory Lands $3M

AI Memory Startup Supermemory Lands $3M

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