Science & Technology

OpenAI Reportedly Seeks to Raise Several Billion Dollars

The media reports that OpenAI is planning to raise investments worth several billion dollars as part of a new round of financing.

OpenAI Reportedly Seeks to Raise Several Billion Dollars

According to journalists, the implementation of the mentioned intention of the company that developed one of the world’s most popular chatbots based on artificial intelligence called ChatGPT, will be carried out as part of a financing round valued at more than $100 billion.

Last Wednesday, August 28, the media released data according to which the specified fundraising is being led by Thrive Capital. Also, journalists, citing insiders who took advantage of the right to anonymity, claim that Microsoft will participate in this process.

OpenAI has not yet responded to a media request for comment regarding insider information. Journalists report that at the end of last year when employees of this company were selling shares, the developer of ChatGPT was evaluated at $86 billion.

It is worth noting that recently there has been increased competition in the artificial intelligence industry. AI is the most promising technology of modernity, which is why it is absolutely natural that the number of companies interested in operating in the relevant industry is growing. However, ChatGPT continues to be the market leader.

It is also worth noting that during the period of active development of artificial intelligence, the issue of cybersecurity has become more relevant. Fraudsters have access to AI technologies, which is why their activities have become more sophisticated. In the context of this problem, the personal awareness of users is important. For example, a request in the Internet search system, such as how to know if my camera is hacked will allow anyone to obtain information about signs of unauthorized access to the device.

Serhii Mikhailov

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Serhii’s track record of study and work spans six years at the Faculty of Philology and eight years in the media, during which he has developed a deep understanding of various aspects of the industry and honed his writing skills; his areas of expertise include fintech, payments, cryptocurrency, and financial services, and he is constantly keeping a close eye on the latest developments and innovations in these fields, as he believes that they will have a significant impact on the future direction of the economy as a whole.