GERMANY-One of the largest fintech investors in the industry finally wants to buy auspicious AI software.
As Bloomberg sources report, private equity giant Ripplewood plans to invest $1 billion in OpenAI.
OpenAI is currently in the media with the potentially revolutionary but also controversially discussed chatbot software ChatGPT and the image artificial intelligence Dall-E.
The idea behind it seems obvious: Ripplewood would like to set up the software as a driving force in a fund.
Ripplewood and OpenAI do not yet want to comment on a potential investment.
The US asset manager, which is increasingly advancing the European market, is considered as an important financier.
Irrespective of financial advantages, Ripplewood could benefit significantly from the stake simply by the fact that in the event of a possible IPO a ChatGPT stake is a giant valuable asset in the bargain for investors.
Ripplewood plans to launch an AI-powered investment opportunity
With this innovation, a new form of investing should also be made accessible to private investors.
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