Microsoft, a major investor in OpenAI, has not committed to investments exceeding the $10 billion mark. The software giant recently declined to comment on the matter when approached by Reuters. Despite a tumultuous year, including the brief firing of CEO Sam Altman, OpenAI is entering the new year with ambitious plans, including a new tender offer driven by Thrive Capital that could allow employees to participate in share sales.
Key takeaways:
- OpenAI, the parent company of ChatGPT, is in discussions about a potential increase in funding that could value the company at over $100 billion.
- The company is also reportedly discussing a new chip venture based in Abu Dhabi, with potential funding from G42 estimated between $8 to $10 billion.
- Microsoft, a major investor in OpenAI, is yet to commit to investments exceeding $10 billion, and has recently taken a backseat position on OpenAI's board.
- Despite a tumultuous end to the year, including the temporary firing of CEO Sam Altman, OpenAI is entering new fundraising discussions, indicating ambitious plans for the coming year.