• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

OpenAI Plans Major Investment Round

user avatar

by Giorgi Kostiuk

a year ago

  1. Current Investment Situation
  2. Company Valuation Growth
  3. Impact on Crypto Market


    4. OpenAI, the artificial intelligence developer, is in talks to secure large-scale investments that could raise its value to over $100 billion. This process involves companies like Thrive Capital and Microsoft.

    Current Investment Situation

    According to the Wall Street Journal, OpenAI is in discussions to secure billions in new funding. Thrive Capital is expected to lead this investment round, and major technology firms, including Microsoft, are anticipated to participate.

    Company Valuation Growth

    Last year, OpenAI was valued at $86 billion, up from $29 billion the year before. This growth is a result of the company's success and the popularity of its products. If the new funding round is successful, it would be the largest since Microsoft's $10 billion investment in January 2023. Some shareholders are negotiating to sell their shares, which could raise the company’s valuation to over $103 billion.

    Impact on Crypto Market

    News about OpenAI is also affecting the cryptocurrency market. Earlier this year, AI-related tokens saw a significant boost after the SEC approved a spot Bitcoin ETF. Despite the recent cooldown in the market, investors remain hopeful for future growth, partly due to Nvidia's strong earnings report.

    Investment talks could strengthen OpenAI’s market position and contribute to its further growth, potentially impacting related markets, including cryptocurrencies.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin Price Shows Moderate Resilience Despite Recent Market Volatility

chest

Bitcoin has shown moderate resilience, climbing over 16% to trade around $70,000, despite significant losses in the past week and month.

user avatarAndrew Smith

US Snowstorm Leads to Major Decline in Bitcoin Hashrate

chest

A recent snowstorm in the US has caused a significant drop in the Bitcoin Hashrate, with American miners reducing their electricity consumption to ease pressure on the power grid.

user avatarAyman Ben Youssef

Analyst Discusses Changes in Crypto Market Cycles

chest

Analyst Altcoin Sherpa discusses the evolving cycles of the cryptocurrency market, highlighting a shift to hyper-accelerated trends and advising investors to capitalize on shorter rallies.

user avatarTando Nkube

Bitget CEO Predicts Growth in Real-World Asset Sector

chest

Gracy Chen, CEO of Bitget, predicts significant growth in the Real-World Asset sector by 2030, while expressing skepticism about the future of altcoin seasons.

user avatarJacob Williams

Emerging Inverted Altcoin Season Observed

chest

Market analyst Ali Martinez indicates a new 'inverted altcoin season' in the cryptocurrency market, marked by structural breakdowns of altcoins instead of traditional rallies.

user avatarZainab Kamara

Bitcoin Mining Difficulty Expected to Drop by 13% Due to Hashrate Disruption

chest

Bitcoin mining Difficulty is expected to decrease by 13% on February 6th due to disruptions from a recent snowstorm in the US.

user avatarSon Min-ho

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.