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ChatGPT Maker OpenAI Raises $6.6 Billion in Fresh Funding
OpenAI's next step: Consider going public via IPO
OpenAI yesterday closed its historic investment round, raising $6.6 billion at a $157 billion valuation. Look ahead: The next step is for OpenAI to think about going public via an IPO. Catch up quick: The ChatGPT maker promised investors that it will convert into a for-profit entity — reflecting its transition from a research lab into a product-focused business — even pledging to return capital if the structural change isn't completed within
After $6.6B round, OpenAI investor says the next step for ChatGPT maker should be to go public
Brad Gerstner, CEO and founder of Altimeter Capital, speaks Wednesday at the Madrona IA Summit in Seattle with Matt McIlwain, Madrona managing director.
ChatGPT Maker OpenAI Raises $6.6 Billion in Fresh Funding as It Moves Away From Its Nonprofit Roots
OpenAI says it has raised $6.6 billion in venture capital investments as part of a broader shift by the ChatGPT maker away from its nonprofit roots
3h
on MSN
Don't expect an OpenAi IPO anytime soon, says Plexo's Lo Toney
Lo Toney, Plexo Capital founding managing partner, joins 'Closing Bell' to discuss OpenAI raising billions in funding and ...
9h
on MSN
OpenAI's latest funding round could be a bargain or a bust for investors
If OpenAI were to IPO tomorrow at its $157 billion valuation, it would be the second-largest American IPO by initial ...
14d
on MSN
OpenAI's possible pursuit of IPO creates unique challenges
OpenAI faces significant challenges if it pursues an initial public offering in the near future, including rewriting its ...
1d
Beware hallucinations in AI chipmaker IPO
ChatGPT lit a capital fuse in artificial intelligence, especially for its silicon masters. Nvidia chips, essential for ...
3h
Bloomberg Businessweek: OpenAI Fund Raise
Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.
3h
ETFs in Focus as Cerebras Systems Plans IPO Amid AI Chip Boom
If Cerebras Systems goes public, Cerebras Systems stock may find a place in semiconductor ETFs like VanEck Semiconductor ETF ...
2d
Cerebras reveals revenue surge in US IPO filing, aims to challenge Nvidia in AI chip market
Cerebras Systems, a startup competing with industry leader Nvidia for a slice of the lucrative AI chip market, said late on ...
The Information
1d
How OpenAI CFO Sarah Friar Is Keeping Startup Flush With Cash
At Square, Sarah Friar was the grownup who helped bring the fintech’s otherworldly CEO, Jack Dorsey, down to earth for ...
The Motley Fool
16d
How to Invest in OpenAI in 2024
OpenAI
, creator of ChatGPT, has no plans for an
IPO
, limiting direct investment opportunities. Microsoft is a key investor in
OpenAI
, enhancing its AI capabilities through Azure platform ...
Seeking Alpha
2d
Cerebras Systems: Innovative GPU Maker Files For U.S. IPO, Looks Interesting
So if we consider the first comparable company -
OpenAI
- that was recently valued at ~$150 billion ... so I'm scared to ...
2d
Cerebras hopes planned IPO will supercharge its race against Nvidia and fellow chip startups for the fastest generative AI
Cerebras is in a fierce race with fellow AI chip startups Groq and SambaNova for the title of ‘fastest generative AI.’ ...
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