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OpenAI aims for $750B valuation in new funding talks
Business
OpenAI, the team behind ChatGPT, is looking to raise tens of billions from investors—hoping to hit a massive $750 billion valuation.
Even though they haven't turned a profit yet, the company's prominent role in the AI revolution is keeping investor excitement high.
Amazon talks and future plans
OpenAI is also reportedly chatting with Amazon about a $10 billion investment, which could push its value over $500 billion soon.
The company intends to invest heavily in tech infrastructure.
All these moves are setting the stage for a possible IPO that could see OpenAI valued at up to $1 trillion down the road.