TLDR:
- OpenAI’s reported new valuation of $150 billion makes it one of the most valuable private companies in the world.
- Thrive Capital, led by Joshua Kushner, has been actively investing in startups and large funding rounds.
In the world of AI investments, OpenAI’s reported valuation of $150 billion has caught the attention of many, with investors such as Tiger Global Management, Khosla Ventures, and Microsoft participating in the round. Thrive Capital, led by Joshua Kushner, plans to commit $1 billion to the round, solidifying its position as a key player in the VC space. The New York-based firm has been active in multiple funding rounds this year, including co-leading a $1 billion round for cloud security startup Wiz and participating in other significant deals like Scale AI and Formation Bio.
Other companies in the AI sector, such as CoreWeave and Glean, have also seen their valuations soar, with CoreWeave in talks for a $23 billion valuation and Glean raising over $260 million in a Series E round. These developments showcase the growth and potential in the AI industry, attracting attention from investors and industry observers alike.