OpenAI in Talks for $100 Billion Funding Round

OpenAI is in talks to close a new funding round at a $100 billion
valuation, which would be one of their biggest infusions of
capital. They have already raised $86 billion and allowed
employees to sell shares in the company. OpenAI is on track to
lose about $5 billion by the end of the year, despite generating
$3.4 billion in annualized revenue. They have burned $8.5 billion
in AI training and staffing. Thrive Capital and Microsoft are
expected to participate in the funding round, and there are
rumors that Nvidia and Apple may also contribute.








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