OpenAI discussing new funding round that could give it $100 billion valuation: report

OpenAI, the influential artificial-intelligence startup behind ChatGPT, is in talks to raise new funding that could give it a valuation of at least $100 billion, Bloomberg reported on Friday. The talks are in their early stages, and the terms and valuation haven’t yet been nailed down, Bloomberg said, citing people familiar with the matter. But if that valuation holds, it would make OpenAI the second-most valuable U.S. startup behind Elon Musk’s SpaceX, Bloomberg said, citing data from CBInsights. The report also said that OpenAI has spoken with G42, an Abu Dhabi-based company focused on AI, about potentially raising money for “a new chip venture.” OpenAI did not immediately respond to a request for comment. The company declined to comment to Bloomberg.