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The value of artificial intelligence pioneer OpenAI appears to have almost doubled, according to reports, as the company sees fresh resources in a new funding round.
Bloomberg reports that OpenAI – the organisation behind the ChatGPT chatbot and and the SearchGPT prototype – is in talks to raise $6.5bn from investors at a valuation of $150bn (£115bn).
These results confirm that our transformation plan is working and we expect profits to grow significantly for the full year, a marked improvement from where we were two years ago.
We continue to invest heavily in quality, service and value, and customers are responding well – with more people shopping with us and customer satisfaction increasing. While we have much more to do, we’re well set up for a positive peak trading period and on target to significantly improve our performance for the full year.”
While we have much more to do, we’re well set up for a positive peak trading period and on target to significantly improve our performance for the full year.