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OpenAI, Valued at Nearly $20 Billion, in Advanced Talks with Microsoft For More Funding

OpenAI, Valued at Nearly $20 Billion, in Advanced Talks with Microsoft For More Funding

Photo: Image of Sam Altman raising money, generated by OpenAI’s Dall·e 2

OpenAI, whose text- and image-generating artificial intelligence has become a mainstream hit, is in advanced talks to raise more funding from Microsoft, which previously backed the startup with capital that includes credits to use Microsoft’s Azure cloud computing services to develop its technology, according to a person with knowledge of the discussions.

OpenAI, Valued at Nearly $20 Billion, in Advanced Talks with Microsoft For More Funding
OpenAI, whose text- and image-generating artificial intelligence has become a mainstream hit, is in advanced talks to raise more funding from Microsoft, which previously backed the startup with capital that includes credits to use Microsoft’s Azure cloud computing services to develop its ...

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