Tiger Global Joins High-Profile Investors in OpenAI's Ambitious $150 Billion Valuation Quest

According to recent reports from The Information, Tiger Global Management is planning to participate in OpenAI's latest multi-billion-dollar funding round. The valuation of the ChatGPT developer is estimated at $150 billion during this funding phase.

Tiger Global is expected to join a group of high-profile investors, including Thrive Capital, Microsoft, Nvidia, Apple, Abu Dhabi's AI investment company G42, and Khosla Ventures. These firms are reportedly in discussions to partake in the funding round.

The artificial intelligence startup, led by Sam Altman, is reportedly aiming to raise $6.5 billion from investors and is exploring an additional $5 billion in debt through a revolving credit arrangement with banks.

As of now, neither OpenAI nor Tiger Global Management has provided comments on the matter.