OpenAI Nears Historic $100 Billion Valuation in Funding Talks

OpenAI, the groundbreaking firm recognized for its ChatGPT, is on the brink of securing a monumental new funding round, potentially valuing the company at a staggering $100 billion. Sources closely familiar with the matter disclosed that the firm’s valuation could soon propel it to become the second most valuable startup in the United States, trailing only Elon Musk’s SpaceX.

Reportedly slated to conclude an enticing secondary tender offer in early January, OpenAI is opening avenues for its employees to vend their shares at an impressive $86 billion valuation. Spearheading this ambitious move is Thrive Capital, with insiders hinting at an overwhelming investor interest surpassing the available share supply.

CEO Sam Altman has been actively pursuing funding avenues, with particular emphasis on OpenAI’s Tigris chip project. The endeavor aims to birth cutting-edge semiconductors capable of rivaling Nvidia’s dominion over the AI chip industry, marking a significant stride in technological innovation.

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