TLDR · MISCELLANEOUS
OPENAI DISCUSSED FUNDING AT $750 BILLION VALUE
Summary from the TLDR newsletter
OpenAI has held preliminary funding talks with investors to raise tens of billions of dollars at a valuation of $750 billion. The yet-to-be-profitable startup plans to spend trillions on infrastructure to support the development of AI technology. It has raised billions in recent years at ever-larger valuations. The startup was most recently valued at $500 billion in the fall.