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AI giant Openai is reportedly seeking to raise $6.5 billion at a valuation of $150 billion

Openai, the company at the center of the artificial intelligence (AI) revolution, is reportedly seeking to raise $6.5 billion from investors, reaching a valuation of $150 billion. According to Bloomberg, the funds would be used to support computing power needs and other expenses, according to a memo sent to employees last month. That valuation would be higher than the $86 billion reported when the company issued a tender offer to employees to sell stakes, and higher than the $100 billion reported in August. The investment round will be led by Thrive Capital with participation from Microsoft. Apple and Nvidia, two tech giants, are also in talks to participate.

This massive funding round highlights the growing significance of AI in the tech landscape, and its potential impact on cryptocurrency and blockchain development. Openai's valuation surge could also influence DeFi and GameFi projects, which often rely on AI-powered tools and market analysis.