OpenAI reportedly has a tender offer of $300M.
https://www.wsj.com/articles/chatgpt-creator-openai-is-in-talks-for-tender-offer-that-would-value-it-at-29-billion-11672949279
Resolves YES if by the end of 2023, OpenAI has raised more than $1B in venture funding.
🏅 Top traders
| # | Name | Total profit |
|---|---|---|
| 1 | Ṁ25 | |
| 2 | Ṁ15 | |
| 3 | Ṁ9 | |
| 4 | Ṁ4 | |
| 5 | Ṁ3 |
The Microsoft arrangement counts as venture funding, right?
“We formed our partnership with OpenAI around a shared ambition to responsibly advance cutting-edge AI research and democratize AI as a new technology platform,” Satya Nadella, chairman and chief executive officer of Microsoft, said in a statement, which detailed the investment but didn’t disclose the amount. A person familiar with the discussions, who asked not to be identified because the information isn’t public, said it totals $10 billion over multiple years.