OpenAI is reportedly in preliminary discussions to secure a new funding round, aiming for a valuation of $100 billion or more.
The details, including terms and timing, have yet to be finalized and may undergo changes. Additionally, OpenAI is exploring funding discussions for a chip venture with Abu Dhabi-based G42, with potential funding between $8 billion and $10 billion.
A separate tender offer led by Thrive Capital, expected to conclude in early January, would allow employees to sell shares at an $86 billion valuation.
Microsoft, committed to investing over $10 billion in OpenAI, holds a non-voting, observer position on the company’s board, as announced by OpenAI CEO Sam Altman in late November.
