{"id":195485,"date":"2024-08-31T08:22:54","date_gmt":"2024-08-31T13:22:54","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2024\/08\/microsoft-apple-and-nvidia-will-reportedly-bail-out-openai-from-the-shackles-of-bankruptcy-pushing-the-chatgpt-makers-market-valuation-to-over-100-billion"},"modified":"2024-08-31T08:22:54","modified_gmt":"2024-08-31T13:22:54","slug":"microsoft-apple-and-nvidia-will-reportedly-bail-out-openai-from-the-shackles-of-bankruptcy-pushing-the-chatgpt-makers-market-valuation-to-over-100-billion","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2024\/08\/microsoft-apple-and-nvidia-will-reportedly-bail-out-openai-from-the-shackles-of-bankruptcy-pushing-the-chatgpt-makers-market-valuation-to-over-100-billion","title":{"rendered":"Microsoft, Apple, and NVIDIA will reportedly bail out OpenAI from the shackles of bankruptcy, pushing the ChatGPT maker\u2019s market valuation to over $100 billion"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/microsoft-apple-and-nvidia-will-reportedly-bail-out-openai-from-the-shackles-of-bankruptcy-pushing-the-chatgpt-makers-market-valuation-to-over-100-billion2.jpg\"><\/a><\/p>\n<p>Last month, reports emerged indicating that <a data-analytics-id=\"inline-link\" href=\"https:\/\/www.windowscentral.com\/software-apps\/openai-could-be-on-the-brink-of-bankruptcy-in-under-12-months-with-projections-of-dollar5-billion-in-losses\" data-before-rewrite-localise=\"https:\/\/www.windowscentral.com\/software-apps\/openai-could-be-on-the-brink-of-bankruptcy-in-under-12-months-with-projections-of-dollar5-billion-in-losses\">OpenAI is running on fumes and could be on the brink of bankruptcy within 12 months<\/a>, with projections of $5 billion in losses. Despite the discounted access to Microsoft\u2019s Azure services and approximately $3.5 billion generated in revenue, the ChatGPT maker might need another round of funding to remain afloat.<\/p>\n<p>And now, according to a report by <a data-analytics-id=\"inline-link\" href=\"https:\/\/www.cnbc.com\/2024\/08\/28\/openai-in-talks-to-raise-funding-that-would-value-it-at-more-than-100-billion.html\" data-url=\"https:\/\/www.cnbc.com\/2024\/08\/28\/openai-in-talks-to-raise-funding-that-would-value-it-at-more-than-100-billion.html\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" data-hl-processed=\"none\">CNBC<\/a>, OpenAI is in talks to raise funding which could push its market valuation to over $100 billion. The company\u2019s valuation has significantly grown over the past years \u2014 from $29 billion in 2023 to $80 billion earlier this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last month, reports emerged indicating that OpenAI is running on fumes and could be on the brink of bankruptcy within 12 months, with projections of $5 billion in losses. Despite the discounted access to Microsoft\u2019s Azure services and approximately $3.5 billion generated in revenue, the ChatGPT maker might need another round of funding to remain [\u2026]<\/p>\n","protected":false},"author":396,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-195485","post","type-post","status-publish","format-standard","hentry","category-robotics-ai"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/195485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/396"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=195485"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/195485\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=195485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=195485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=195485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}