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ChatGPT Maker OpenAI Raises $6.6 Billion in Fresh Funding

OpenAI's next step: Consider going public via IPO

OpenAI yesterday closed its historic investment round, raising $6.6 billion at a $157 billion valuation. Look ahead: The next step is for OpenAI to think about going public via an IPO. Catch up quick: The ChatGPT maker promised investors that it will convert into a for-profit entity — reflecting its transition from a research lab into a product-focused business — even pledging to return capital if the structural change isn't completed within

GeekWire · 3d

After $6.6B round, OpenAI investor says the next step for ChatGPT maker should be to go public

Brad Gerstner, CEO and founder of Altimeter Capital, speaks Wednesday at the Madrona IA Summit in Seattle with Matt McIlwain, Madrona managing director.

U.S. News & World Report · 3d

ChatGPT Maker OpenAI Raises $6.6 Billion in Fresh Funding as It Moves Away From Its Nonprofit Roots

OpenAI says it has raised $6.6 billion in venture capital investments as part of a broader shift by the ChatGPT maker away from its nonprofit roots

2don MSN

Don't expect an OpenAi IPO anytime soon, says Plexo's Lo Toney

Lo Toney, Plexo Capital founding managing partner, joins 'Closing Bell' to discuss OpenAI raising billions in funding and ...

2don MSN

OpenAI's latest funding round could be a bargain or a bust for investors

If OpenAI were to IPO tomorrow at its $157 billion valuation, it would be the second-largest American IPO by initial ...

OpenAI sets a VC fundraising record — but can it fulfill the promise?

Catch today’s weekly theCUBE Pod with John Furrier and Dave Vellante, already up on YouTube, to hear more about this — ...

Cerebras reveals revenue surge in US IPO filing, aims to challenge Nvidia in AI chip market

Cerebras Systems, a startup competing with industry leader Nvidia for a slice of the lucrative AI chip market, said late on ...

18hon MSN

There are 3 signs that generative AI might be reaching peak market froth — and it's not just OpenAI

Signs that the AI frenzy is getting frothy have emerged in recent weeks across different segments such as chips, AI models ...

thetechportal.com2d

swiggy upsize ipo

Swiggy increases fresh issue portion of IPO to ₹5000 crore, IPO size goes up to $1.4Bn. Last week, food delivery giant Swiggy ...

Beware hallucinations in AI chipmaker IPO

ChatGPT lit a capital fuse in artificial intelligence, especially for its silicon masters. Nvidia chips, essential for ...

Seeking Alpha16d

OpenAI's possible pursuit of IPO creates unique challenges

Seeking Alpha analyst Uttam Dey believes OpenAI will eventually pursue an IPO, but not within the next 12 months. "It might take more time given its complex holding structure where OpenAI ...

thetechportal.com2d

swiggy Rs5000 crore ipo

Swiggy increases fresh issue portion of IPO to ₹5000 crore, IPO size goes up to $1.4Bn. Last week, food delivery giant Swiggy ...

The Motley Fool18d

How to Invest in OpenAI in 2024

OpenAI, creator of ChatGPT, has no plans for an IPO, limiting direct investment opportunities. Microsoft is a key investor in OpenAI, enhancing its AI capabilities through Azure platform ...

Cerebras hopes planned IPO will supercharge its race against Nvidia and fellow chip startups for the fastest generative AI

Cerebras is in a fierce race with fellow AI chip startups Groq and SambaNova for the title of ‘fastest generative AI.’ ...

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