OpenAI In Talks To Raise New Funding At $100 Billion Valuation

According to Bloomberg (paywalled), OpenAI is in early talks to raise a fresh round of funding at a valuation at or above $100 billion. Reuters reports: The terms, valuation and timing of the funding round have not yet been finalized and could still change, the report added. OpenAI has also held discussions to raise funding for a new chip venture with Abu Dhabi-based G42, according to the report. If the valuation holds, the report notes that it would make OpenAI the second-most valuable U.S. startup behind Elon Musk's SpaceX.

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