TechFlow news, Worldcoin, the crypto company founded by OpenAI CEO Sam Altman, is seeking major investors for its latest funding round. According to sources familiar with the matter, it is in talks with well-capitalized investors including sovereign wealth funds, aiming to raise up to $120 million at a $3 billion valuation—the same valuation as last year. The financing structure will consist of equity plus token warrants.
The fundraising comes amid ChatGPT's massive success. Previous reports indicated that OpenAI has negotiated a $29 billion stock sale with investors. Microsoft is considering investing $10 billion into the company. Source link
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