Tiger Global intends to participate in OpenAI’s highly anticipated fresh investment round, which would value the artificial intelligence startup at around $150 billion.
Thrive Capital intends to invest $1 billion in this round, which it is leading. Microsoft, Nvidia, and Apple are also in talks to join.
Valued at an estimated $80 billion earlier this year, OpenAI had previously been valued at $29 billion. during this year, annualised revenue exceeded $2 billion.
The company’s ChatGPT chatbot debut in late 2022 was the catalyst for growth. Along with the growth into AI-generated images and videos, this momentum has continued with new OpenAI offerings for enterprises.
The company has 200 million weekly active users, double what it had at the end of last year.
Source (CNBC)
