OpenAI is in talks to raise new funding with a valuation of $100 billion or more OpenAI will become the second most valuable American startup after SpaceX.
The company is also in talks to receive billions from G42 to make chips.
This deal will cement ChatGPT as one of the most valuable startups in the world.
Investors who may take part in the fundraising round have been included in preliminary discussions, according to the people, who asked not to be identified to avoid discussing private matters. Details such as terms, valuation and timing of the funding round have not yet been finalized and could change, the people said.
If the funding round goes through as planned, it will make artificial intelligence the second most valuable startup in the United States, behind only Space Exploration Technologies Corp. Elon Musk, according to CBInsights.