OpenAI is negotiating with investors about the possible sale of shares and increasing the company’s valuation to $80-90 billion, The Wall Street Journal reports this, citing sources.
According to the latest data, the AI developer expects to sell shares at a much higher price than in April 2023. Then TechCrunch wrote that OpenAI raised $300 million at a valuation of $27–29 billion. The company’s share was acquired by Sequoia Capital, Andreessen Horowitz, Thrive, K2 Global and Founders Fund.
The new valuation of $80-90 billion will make OpenAI one of the most valuable private companies in the world, the WSJ noted.
In January, media reported that Microsoft would invest $10 billion in developer ChatGPT over several years.
Let us remind you that at the end of September, OpenAI developers released a large-scale update for ChatGPT. The chatbot has learned to “see, hear and speak.”
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