OpenAI is making waves again! Sam Altman’s company announced plans to open new offices in the US, France, and Asia, marking a major growth for the company. The expansion comes on the heels of billions of dollars in funding, boosting optimism around the artificial intelligence industry. Meanwhile, Worldcoin (WLD) is at a critical juncture with signs pointing to a potential price breakout.
Microsoft could acquire OpenAI within three years, which could cause Worldcoin’s value to surge significantly to around $37.
OpenAI's bold global expansion!
OpenAI, the creator of ChatGPT, is expanding its global presence with new offices in major cities including New York City, Seattle, Paris, Brussels, and Singapore. The expansion follows existing offices in San Francisco, London, Dublin, and Tokyo, and demonstrates the company’s commitment to advancing the field of artificial intelligence.
The company’s expansion comes just after it received $6.6 billion in funding from top investors including Microsoft and NVIDIA, boosting its value to $157 billion.
With this expansion and investment, OpenAI will further enhance its AI technology and continue to maintain its leadership in the industry, which is an exciting time for the company and its supporters.
Will Microsoft acquire OpenAI?
Despite its recent successful funding, CCS Insights believes OpenAI could consider selling to Microsoft by 2027. Microsoft is 19 times the size of OpenAI, and such a move would shock the market. OpenAI has a market cap of $157 billion, while Worldcoin’s market cap is just $1 billion.
The price of WLD has risen in the past due to OpenAI’s progress, but after Elon Musk sued OpenAI, the price fell by 40%. If Microsoft acquires OpenAI, experts predict that the price of Worldcoin could soar at least 20 times to around $37.62, with a market value of $19.2 billion!
Key levels to watch?
The price of Worldcoin has been in a downtrend since April 2024 but has recently broken out of this pattern, signaling a possible uptick. However, the key resistance to watch is around $2.47 with the long-term target at $10.00, which could pave the way for the WLD token to reach $37 in the long term.
However, if the price falls back into the downtrend again, it could drop to $1.20, indicating a weak market. Currently, the relative strength index (RSI) is 42.48, which suggests that the market is neither too hot nor too cold, but is more inclined towards a positive outlook.
