Microsoft, Apple, and NVIDIA will reportedly bail out OpenAI from the shackles of bankruptcy, pushing the ChatGPT maker’s market valuation to over $100 billion
Just recently, it was suggested that OpenAI is facing a potential financial crisis, with predictions of a possible bankruptcy within the next year and projected losses amounting to around $5 billion. Even with discounted access to Microsoft’s Azure services and approximately $3.5 billion in generated revenue, there’s speculation that they may require additional funding to stay operational.