OpenAI’s Company Value Reached $80 Billion

Rumors in the news late last year that OpenAI would increase its company value to $80-90 billion were proven true.

ChatGPT, DALL-E And sora There has been an explosive development regarding OpenAI, which is one of the companies we have talked to the most recently with its artificial intelligence tools such as. As a result of a recently completed deal, the company was valued at $80 billion. Previous rumors also pointed to this development.

The rumors in question are OpenAI He was saying that no shares would be issued for the new investment he would receive, and that employees would be allowed to sell shares if they wished. The situation is no different in the current development. In September 2023 In this development, it was said that the company would reach a value of 80-90 billion dollars.

And they were right. OpenAI reached a valuation of $80 billion. It grew 3 times in 10 months.

venture firm Thrive Capital’s In a tender offer led by OpenAI, it will sell its existing shares. Of course, as we said before, employees will be able to purchase their shares in the company directly in cash, instead of an investment round to raise money. With this valuation OpenAIwill find its place among the most valuable start-ups, right behind ByteDance and SpaceX.

Of course, the company is not standing still in this process. CEO Sam Altmanwants to embark on an adventure in artificial intelligence-focused chip production. Of course, details on this issue have not been shared yet. However, we know that every company running a business on artificial intelligence focuses on chip production in this period, regardless. Between them Meta and NVIDIA These companies, including , are trying to produce their own chips in order to reduce dependence on outside companies.

OpenAI managed to make a pretty solid show of power with Sora. Once you see what Sora can do, you too will realize why he has become such a focal point of the company. You can take a look at that content below.

RELATED NEWS

What OpenAI’s Text-to-Video Generator Sora Can Do Will Leave You Between Fascinated and Chilled

Source :
https://www.nytimes.com/2024/02/16/technology/openai-artificial-intelligence-deal-valuation.html


source site-39