The creator of ChatGPT and DALL-E may raise over $300 million.
OpenAI, the creator of popular AI software like ChatGPT and DALL-E has received a valuation of $29 billion as part of talks to sell private shares in a tender offer,Citing people familiar with the negotiations, WSJ claimed that
OpenAI is attempting to raise at least $300 million from venture capital firms like Thrive Capital and Founders Funds. Microsoft is also in talks to invest more in the startup after investing $1 billion in 2019 at a valuation of $14 billion.
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