Tiger Global is considering participating in OpenAI's funding round at a valuation of over $150 billion.
- Sources report that Tiger Global is considering participating in OpenAI's upcoming funding round, which could value the AI startup at over $150 billion.
- Thrive Capital is leading the round and plans to invest $1 billion.
- Reports suggest that Microsoft, Nvidia, and Apple are in discussions to join.
Sources report that Tiger Global is considering participating in OpenAI's upcoming funding round, which could value the AI startup at over $150 billion.
Thrive Capital is reportedly leading a $1 billion investment round and is in talks with and other investors to join.
The Information was the first to report on Tiger Global's planned participation.
This year, OpenAI's reported value increased to $80 billion from $29 billion the previous year, and its annualized revenue surpassed $2 billion.
Since the launch of its ChatGPT chatbot in late 2022, OpenAI has experienced significant growth, with new products for businesses and an expansion into AI-generated photos and videos. As a result, the company has doubled its number of weekly active users from late last year to 200 million.
The day after OpenAI released o1, a new AI model focused on reasoning and solving hard problems, OpenAI CEO Sam Altman met with leaders from Anthropic, Nvidia, Microsoft, Google, and several American power and utility companies at the White House to discuss the future of artificial intelligence and energy infrastructure in the U.S.
Sources familiar with the meeting revealed that the group discussed uniting the public and private sectors to discuss AI's energy usage, data center capacity, semiconductor manufacturing, and grid capacity.
A spokesperson for OpenAI did not immediately respond to a request for comment.
— CNBC's Kate Rooney contributed reporting.
Technology
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