OpenAI In Talks for Funding Valuing It Above $100B

Platforms
Written By Rick Watson

OpenAI, the company behind ChatGPT, is a leading artificial intelligence research lab aiming to create artificial general intelligence (AGI)—systems that can outperform humans at most economically viable tasks.

OpenAI is in talks with investors to raise several billion dollars in a funding round that will value the company over $100B. Welcome to 2024, where AI startups are raising billions and investors are desperate not to miss the next big thing.

WSJ: OpenAI in Talks for Funding Round Valuing It Above $100 Billion

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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