OpenAI in talks to raise funding that would value it at more than $100 billion

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AI

OpenAI is in talks to raise a funding round that would value the artificial intelligence startup at more than $100 billion, CNBC has learned. Thrive Capital is leading the round and will invest $1 billion, according to a source with knowledge of the matter who asked not to be named because the details are confidential. […]

Can AI boom drive Nvidia to a $4tn valuation despite investor doubt?

Categories
AI, Business

Powerful New Chips and Investor Skepticism When Jensen Huang addressed Nvidia’s annual general meeting, he didn’t mention the recent slide in Nvidia’s share price. Despite reaching a peak market value of $3.4 trillion on June 18, Nvidia saw a significant drop, shedding about $550 billion as tech investors combined profit-taking with doubts about sustaining such […]