NIFTY 50 23,225.55 up stock 70.20 (0.30%)
NIFTY 100 23,848.85 up stock 110.45 (0.47%)
NIFTY 500 21,554.15 up stock 157.60 (0.74%)
NIFTY MIDCAP 50 15,026.05 up stock 251.30 (1.70%)
INDIA VIX 16.89 up stock 0.12 (0.68%)
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NIFTY BANK 48,789.80 up stock 65.40 (0.13%)
NIFTY AUTO 22,500.85 up stock 226.50 (1.02%)
NIFTY FMCG 55,699.90 up stock 103.85 (0.19%)
NIFTY IT 43,524.35 up stock 933.65 (2.19%)
NIFTY MEDIA 1,679.15 up stock 15.90 (0.96%)
NIFTY METAL 8,514.20 up stock 43.95 (0.52%)
NIFTY PHARMA 22,253.20 up stock 218.25 (0.99%)
NIFTY PRIVATE BANK 23,992.65 up stock 26.70 (0.11%)
NIFTY REALTY 876.40 up stock 11.35 (1.31%)
NIFTY OIL & GAS 10,728.85 Down stock -28.15 (-0.26%)
NIFTY COMMODITIES 8,064.80 up stock 46.75 (0.58%)
NIFTY ENERGY 33,989.75 up stock 184.55 (0.55%)
LEADMINI 188 up stock 0.20 (0.11%)
ZINCMINI 261.25 up stock 0.25 (0.1%)
SILVERMIC 89730 up stock 72.00 (0.08%)
GOLDGUINEA 59188 up stock 50.00 (0.08%)
GOLDM 72900 up stock 28.00 (0.04%)
COTTONCNDY 56540 up stock 20.00 (0.04%)
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CRUDEOIL 6609 Down stock -237.00 (-3.46%)
NATURALGAS 177.5 Down stock -0.30 (-0.17%)
NATGASMINI 177.5 Down stock -0.30 (-0.17%)
MENTHAOIL 942.2 Down stock -1.20 (-0.13%)
ZINC 260.7 Down stock -0.25 (-0.1%)
ALUMINIUM 220.5 Down stock -0.20 (-0.09%)
LEAD 187 Down stock -0.10 (-0.05%)
NIFTY 50 23,225.55 up stock 70.20 (0.30%)
NIFTY 100 23,848.85 up stock 110.45 (0.47%)
NIFTY 500 21,554.15 up stock 157.60 (0.74%)
NIFTY MIDCAP 50 15,026.05 up stock 251.30 (1.70%)
INDIA VIX 16.89 up stock 0.12 (0.68%)
NIFTY MIDCAP 150 20,032.40 up stock 335.50 (1.70%)
NIFTY SMALLCAP 50 8,321.30 up stock 83.95 (1.02%)
NIFTY BANK 48,789.80 up stock 65.40 (0.13%)
NIFTY AUTO 22,500.85 up stock 226.50 (1.02%)
NIFTY FMCG 55,699.90 up stock 103.85 (0.19%)
NIFTY IT 43,524.35 up stock 933.65 (2.19%)
NIFTY MEDIA 1,679.15 up stock 15.90 (0.96%)
NIFTY METAL 8,514.20 up stock 43.95 (0.52%)
NIFTY PHARMA 22,253.20 up stock 218.25 (0.99%)
NIFTY PRIVATE BANK 23,992.65 up stock 26.70 (0.11%)
NIFTY REALTY 876.40 up stock 11.35 (1.31%)
NIFTY OIL & GAS 10,728.85 Down stock -28.15 (-0.26%)
NIFTY COMMODITIES 8,064.80 up stock 46.75 (0.58%)
NIFTY ENERGY 33,989.75 up stock 184.55 (0.55%)
LEADMINI 188 up stock 0.20 (0.11%)
ZINCMINI 261.25 up stock 0.25 (0.1%)
SILVERMIC 89730 up stock 72.00 (0.08%)
GOLDGUINEA 59188 up stock 50.00 (0.08%)
GOLDM 72900 up stock 28.00 (0.04%)
COTTONCNDY 56540 up stock 20.00 (0.04%)
SILVER 89675 up stock 29.00 (0.03%)
CRUDEOIL 6609 Down stock -237.00 (-3.46%)
NATURALGAS 177.5 Down stock -0.30 (-0.17%)
NATGASMINI 177.5 Down stock -0.30 (-0.17%)
MENTHAOIL 942.2 Down stock -1.20 (-0.13%)
ZINC 260.7 Down stock -0.25 (-0.1%)
ALUMINIUM 220.5 Down stock -0.20 (-0.09%)
LEAD 187 Down stock -0.10 (-0.05%)

Published 02:17 IST, August 29th 2024

OpenAI in talks to raise funding at over $100 billion valuation: Report

Tech giant and OpenAI backer Microsoft is also expected to put in money.

Reported by: Thomson Reuters
A former OpenAI executive has claimed that safety has taken a backseat at the company.
OpenA | Image: AP

OpenAI, the startup behind the popular ChatGPT, is reportedly in discussions to raise billions of dollars in a new funding round that could see it valued at above $100 billion, the Wall Street Journal reported on Wednesday.

The funding round is expected to be led by venture capital firm Thrive Capital, which is poised to invest approximately $1 billion, the report said, citing people familiar with the matter.

Tech giant and OpenAI backer Microsoft is also expected to put in money, it added.

OpenAI, Microsoft and Thrive Capital did not immediately respond to Reuters' requests for comment.

ChatGPT, a chatbot that can generate human-like responses based on user prompts, has driven AI's popularity and fueled a meteoric rise in the valuation of the San Francisco-based firm.

 

Updated 10:31 IST, August 29th 2024