ChatGPT Creator in Investor Talks at $29 Billion Valuation

[F-22Raptor]

OpenAI, the research lab behind the viral ChatGPT chatbot, is in talks to sell existing shares in a tender offer that would value the company at around $29 billion, according to people familiar with the matter, making it one of the most valuable U.S. startups on paper despite generating little revenue.

Venture-capital firms Thrive Capital and Founders Fund are in talks to buy shares, the people said. The tender could total at least $300 million in OpenAI share sales, they said. The deal is structured as a tender offer, with the investors buying shares from existing shareholders such as employees, the people said.

WSJ News Exclusive | ChatGPT Creator in Investor Talks at $29 Billion Valuation

A tender offer at that valuation would make OpenAI one of the most valuable startups in the U.S., bucking a tech retrenchment.

www.wsj.com

 

[Hamartia Antidote]

Keep in mind Google chatbot is supposedly lightyears ahead of ChatGPT

How Google Got Smoked by OpenAI's ChatGPT [even though its LaMDA chatbot is better]

https://slate.com/technology/2022/12/chatgpt-google-chatbots-lamda.html The most embarrassing part is that the search giant has a chatbot that’s better. Google’s had an awkward week. After years of preaching that conversational search was its future, it’s stood by as the world discovered...

defence.pk

 

[Hamartia Antidote]

ChatGPT talks about Google LaMDA.

 

[Beny Karachun]

That's like 150 million dollars per employee if divided equally lol