OpenAI in Talks for Funding Round with $100 Billion Valuation

INSUBCONTINENT EXCLUSIVE:
OpenAI is in preliminary discussions to raise a $100 billion funding round, sources familiar with the matter revealed to Bloomberg News.If
successful, this would make OpenAI one of the most valuable startups globally.OpenAI is actively engaging potential investors in the
discussions, but they are still finalizing details such as terms, valuation, and timelines.Should the funding round proceed, OpenAI would
become the second-most valuable US startup, trailing only SpaceX, based on CBInsights data
OpenAI has declined to comment on the matter.In early January, OpenAI is set to conclude a stock purchase offer, allowing employees to sell
their shares at an estimated valuation of $86 billion.OpenAI in Talks for Funding Round with $100 Billion Valuation
(Photo Internet reproduction)Thrive Capital leads the funding round, with sources indicating high investor interest exceeding the available
requests.The company has gained popularity in Silicon Valley, securing $13 billion in funding from Microsoft.This success has sparked
renewed enthusiasm for AI and significantly transformed the technology industry.Other tech giants like Amazon and Alphabet have invested
billions in Anthropic, a rival AI company.Hugging Face, valued at $4.5 billion, received investment leadership from Salesforce
Nvidia has also made multiple AI-related investments this year.OpenAI and Abu Dhabi-based G42 focused on funding.Recent discussions between
OpenAI and Abu Dhabi-based G42 focused on funding a new chip business.They explored the potential of raising $8 billion to $10 billion to
compete with Nvidia in the AI chip market.G42, led by Sheikh Tahnoon bin Zayed Al Nahyan, announced a partnership with OpenAI to provide
advanced AI solutions in the UAE and regional markets.However, financial details were not disclosed.OpenAI faced uncertainty after the
refocused OpenAI on rebuilding trust.