(Reuters) – OpenAI is in early talks to raise a fresh round of funding at a valuation at or above $100 billion, Bloomberg News reported on Friday citing people with knowledge of the matter.
The terms, valuation and timing of the funding round have not yet been finalized and could still change, the report added.
OpenAI has also held discussions to raise funding for a new chip venture with Abu Dhabi-based G42, according to the report.
(Reporting by Bhanvi Satija in Bengaluru; Editing by Krishna Chandra Eluri)
Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.