{"id":136420,"date":"2024-08-29T16:30:49","date_gmt":"2024-08-29T13:30:49","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=136420"},"modified":"2024-08-29T14:33:03","modified_gmt":"2024-08-29T11:33:03","slug":"openai-seeks-major-funding-boost-aiming-for-100-billion-valuation","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/openai-seeks-major-funding-boost-aiming-for-100-billion-valuation\/","title":{"rendered":"OpenAI Seeks Major Funding Boost, Aiming for $100 Billion Valuation"},"content":{"rendered":"<p>The company is <strong><a href=\"https:\/\/www.wsj.com\/tech\/ai\/openai-in-talks-for-funding-round-valuing-it-above-100-billion-4f0550c5\" target=\"_blank\" rel=\"nofollow\">negotiating<\/a><\/strong> with venture capital firms for what would be its largest funding round in over a year.<\/p>\n<p>Thrive Capital is set to invest $1 billion, with Microsoft also expected to contribute. This funding round would follow Microsoft\u2019s $10 billion investment in January 2023, raising its stake in OpenAI to 49%. Overall, Microsoft has invested $13 billion in OpenAI since 2019.<\/p>\n<p>Internal documents suggest that the new investment could value OpenAI at approximately $103 billion. Previously, in February, OpenAI\u2019s shares were privately valued at around $86 billion.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/institutional-interest-in-crypto-expected-to-push-market-value-over-10-trillion-by-2030\/\" title=\"Institutional Interest in Crypto Expected to Push Market Value Over $10 Trillion by 2030\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/crypto-market-1-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Institutional Interest in Crypto Expected to Push Market Value Over $10 Trillion by 2030<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Despite attracting substantial investments, OpenAI\u2019s financial health is under scrutiny. The company generates about $3.4 billion annually but faces criticism over its long-term profitability.<\/p>\n<p>Concerns have been raised that OpenAI may need significant additional funding to remain viable beyond 2026, with projections indicating potential losses of up to $5 billion in 2024.<\/p>\n<p>Investors are backing OpenAI\u2019s for-profit subsidiary, OpenAI LP, while the organization itself remains a nonprofit. This news comes as competition in the AI industry heats up, with major players like Google, Amazon, and Meta investing heavily in their own AI technologies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OpenAI is seeking a major capital infusion that could push its valuation beyond $100 billion, according to recent reports.<\/p>\n","protected":false},"author":3,"featured_media":84879,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[],"class_list":["post-136420","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>OpenAI Seeks Major Funding Boost, Aiming for $100 Billion Valuation<\/title>\n<meta name=\"description\" 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