Microsoft (MSFT)-backed OpenAI's latest funding round is expected to bring in over $100 billion, Bloomberg reported Wednesday, citing people familiar with the matter.
The valuation of the company could exceed $850 billion, including the eventual funding, according to the report.
OpenAI did not immediately respond to a request for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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