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Insiders: OpenAI is in talks for a new round of financing, with a valuation exceeding $100 billion

2024-08-29 08:26:36

ChainCatcher news, according to CNBC, OpenAI is in talks for a funding round with a valuation of over $100 billion. According to insiders, Thrive Capital will lead this round of financing with an investment of $1 billion. OpenAI's largest supporter, Microsoft, is also participating in this round of funding. Since 2019, Microsoft has invested $13 billion in OpenAI and currently holds a 49% profit share in the company.

OpenAI's Chief Financial Officer Sarah Friar announced in a memo that the new round of financing negotiations is still in the early stages and is currently raising funds that will be used for computing and operational business.

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