November 22, 2024

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AI Powerhouse Openai Reportedly Seeking to Raise $6.5 Billion at a $150 Billion Valuation

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AI Powerhouse Openai Reportedly Seeking to Raise .5 Billion at a 0 Billion Valuation
AI Powerhouse Openai Reportedly Seeking to Raise .5 Billion at a 0 Billion ValuationOpenai, the company at the center of the artificial intelligence (AI) revolution, is reportedly seeking to raise $6.5 billion from investors, reaching a valuation of $150 billion. According to Bloomberg, the funds would be used to support the need for computing power and other expenses, as stated in a memo sent to employees last month. […]