OpenAI, an artificial intelligence (AI) developer, has been discussing with potential investors about investing more than US$100 billion in the company, according to recent information published by Bloomberg on December 22.
According to the publication, sources familiar with the topic revealed some preliminary discussions between AI developer OpenAI and investors interested in the investment.
Sources with knowledge of the matter also reported that they have not yet been finalized and, therefore, there may be a change in topics such as terms, evaluation and timing of the financing round.
In the case of an agreement of this magnitude, OpenAI would consolidate itself as one of the most valuable startups globally. Maker of ChatGPT, OpenAI has Sam Altman as co-founder and CEO. He is an American entrepreneur and investor widely recognized for his work in artificial intelligence.
It is worth remembering that, last month, billionaire and crypto enthusiast, Elon Musk, recently attracted attention by sharing a letter he received about OpenAI, a research laboratory dedicated to the responsible and safe advancement of artificial intelligence.
The link shared by Musk leads to a page with an “error” and he does not mention who the sender of the letter was. However, he highlights his belief that they are “concerns worth investigating.”
“This letter about OpenAI was just sent to me. These seem like concerns worth investigating,” Musk wrote. Internet users shared images related to the content written in the document received by Musk in the publication. The document is from “Concerned Former OpenAI Employees.”
Who is Sam Altman?
Prior to his contribution to OpenAI, Sam Altman co-founded the successful location-based social networking application Loopt. Additionally, he played a crucial role as president of Y Combinator, a startup accelerator that has backed notable companies like Airbnb, Dropbox, and Reddit, including briefly serving as CEO in 2014.
Altman has excelled in the technology industry and was honored as one of Fortune’s “40 under 40” and Forbes’ “30 under 30” in the field of venture capital. He is an advocate of using technology to improve people’s quality of life and has emphasized the importance of addressing issues such as income inequality and ethical issues related to artificial intelligence.
In 2021, Sam Altman founded the startup Web3 Worldcoin, which offers cryptocurrencies in exchange for iris scans. The vision behind Worldcoin is to drive widespread adoption of cryptocurrencies, with the prospect that they could play a role in implementing a universal basic income in the future.
The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing in or trading cryptocurrencies carries a risk of financial loss.