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RE: LeoThread 2024-09-01 09:25

in LeoFinance2 months ago

Is OpenAI worth $100B?

OpenAI could reportedly increase its valuation to $100 billion. Nvidia and Apple are apparently in talks to contribute to the company's next fundraising

OpenAI could reportedly increase its valuation to $100 billion. Nvidia and Apple are apparently in talks to contribute to the company’s next fundraising round, and Thrive Capital would lead the deal should it happen, according to The New York Times. OpenAI’s annualized revenue reportedly eclipsed $3.4 billion early this year, but it’s said to be on track to lose $5 billion by year end as it expands its AI training and staffing efforts.

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OpenAI could reportedly increase its valuation to $100 billion. Nvidia and Apple are apparently in talks to contribute to the company’s next fundraising round, and Thrive Capital would lead the deal should it happen, according to The New York Times. OpenAI’s annualized revenue reportedly eclipsed $3.4 billion early this year, but it’s said to be on track to lose $5 billion by year end as it expands its AI training and staffing efforts.

Lyft’s new pilot program aims to help drivers verify riders’ identities in a new effort to improve its security measures. Riders will now see a verification badge next to their profile, indicating that Lyft confirmed they’re using their legal name. The new program is rolling out to markets in Atlanta, Chicago, Denver, Detroit, Houston, Jacksonville, Miami, Phoenix and Seattle.