ChatGPT maker OpenAI looks to raise funding as financial these ‘worries and needs’ go up

OpenAI is in discussions for a new funding round aiming to value the company at over $100 billion, led by Thrive Capital’s $1 billion investment. OpenAI faces significant financial challenges, projected to lose up to $5 billion in 2024, driven by high costs for AI training and inference, outstripping its expected revenue.