A report by The Information stated that OpenAI held funding talks with investors to raise tens of billions of dollars, at a valuation that could reach $750 billion.
The tech news site reported on Wednesday that these discussions are still in their early stages and that details may change. OpenAI declined to comment on the report.
Escalating funding rounds and growing valuations
OpenAI has raised billions of dollars in recent years at steadily increasing valuations, including preliminary talks this month with Amazon.com about a potential $10 billion investment.
The startup, which has yet to turn a profit, remains the most prominent name in the resource-intensive field of artificial intelligence, and has plans to spend trillions of dollars on infrastructure to support the development of this technology.
The company that developed ChatGBT was recently valued at $500 billion this fall, in a deal that allowed some employees to sell their shares.
