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