Nvidia stock drop: Much ado about nothing

Title: OpenAI Valuation Hits $100 Billion as CEO Dismisses ChatGPT Rival

OpenAI's new funding round has pushed its valuation to over $100 billion, according to the Wall Street Journal. Thrive Capital is set to lead this round with an investment of around $1 billion. The news comes after OpenAI closed its operations in Brazil earlier this month due to a disagreement with ChatGPT developer Moraes. The company had intended to continue serving the market, but may now find it impossible if they don't back down.