Media reports suggest OpenAI, the tech startup behind ChatGPT, is exploring a share sale that could value it at around $90 billion.
shares edged higher in early Wednesday trading following reports that suggest OpenAI, the market-leading AI startup it backed earlier this year, is exploring the sale of new shares that could see its overall value triple.
OpenAi's last funding round, which included a $10 billion from Microsoft, valued the group at around $30 billion. Reports at the time suggested that Microsoft's investment, its third into the group, would value its stake at around 49%. Microsoft shares were marked 0.5% higher in pre-market trading to indicate an opening bell price of $313.70 each.
The FTC said it is concerned that ChatGPT, a large-language model search engine launched by OpenAI earlier this year, is generating"statements about real individuals that are false, misleading, or disparaging."
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