These days, hearing about hot companies in generative AI raising huge rounds at multibillion-dollar valuations has gotten pretty routine.
However, when news broke this week that OpenAI is in talks for a new funding round at a valuation of over $100 billion, it drove home just how big the stakes have become. The investment, said to include backing from Thrive Capital and Microsoft, represents a 16% jump from OpenAI’s last known valuation.
It’s a ginormous number, even by…
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