Microsoft (MSFT)-backed OpenAI is in talks with venture capitalists to raise billions of dollars in a new funding round that could value the company at more than $100 billion, The Wall Street Journal reported Wednesday, citing unnamed people familiar with the matter.
Joshua Kushner’s Thrive Capital is leading the investment round with about $1 billion and will be the biggest funding round since Microsoft invested $10 billion in the ChatGPT maker in early 2023, the news outlet reported.