ChatGPT-Maker OpenAI Now Valued at $80 Billion: Report
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Microsoft-backed OpenAI has completed a deal that values the artificial intelligence company at $80 billion or more. The deal involves a tender offer led by venture firm Thrive Capital, allowing employees to cash out their shares. OpenAI previously agreed to a similar deal last year, valuing the company at around $29 billion. The launch of OpenAI's ChatGPT in late 2022 has generated excitement around AI. OpenAI CEO Sam Altman is reportedly in talks to raise funds for a chip venture to boost chip building capacity for AI-related tools.

#Openai #ArtificialIntelligence #Valuation #TenderOffer #Chatgpt #SamAltman

https://www.news18.com/tech/chatgpt-maker-openai-now-valued-at-80-billion-report-8783367.html