OpenAI is making waves again! Sam Altman’s company has announced plans to open new offices in the US, France and Asia, signaling major growth. This expansion comes after securing billions in funding, boosting optimism in the AI sector. Meanwhile, Worldcoin (WLD) is at a key juncture, with signs of a possible price breakout.
Analysts even suggest that Microsoft could buy OpenAI within three years, which could lead to a massive increase in Worldcoin’s value to around $37.
OpenAI’s Bold Global Expansion!
OpenAI, the creator of ChatGPT, is expanding its global presence by opening new offices in major cities such as New York City, Seattle, Paris, Brussels and Singapore. This expansion follows existing offices in San Francisco, London, Dublin and Tokyo, underscoring the company’s commitment to growth in the artificial intelligence sector.
Its expansion comes on the heels of securing $6.6 billion in funding from top investors such as Microsoft and NVIDIA, boosting its value to $157 billion.
With this expansion and investment, OpenAI is positioned to further advance its AI technologies and continue its industry leadership, making it an exciting time for both the company and its supporters.
Will Microsoft adopt OpenAI?
Even with the recent funding success, CCS Insights suggests that OpenAI could consider a sale to Microsoft by 2027. Since Microsoft is 19 times bigger than OpenAI, this move would shake the market. OpenAI is valued at $157 billion, while Worldcoin has a market cap of just $1 billion.
The WLD price has risen in the past thanks to OpenAI’s advancements, but fell 40% after Elon Musk sued OpenAI. If Microsoft acquires OpenAI, experts predict that Worldcoin could skyrocket by at least 20x, to around $37.62, with a market cap of $19.2 billion!
Key level to watch out for?
The price of Worldcoin has been in a downtrend since April 2024, but has recently broken out of this pattern, indicating a possible upside. However, the key resistance level to watch is around $2.47, with a long-term target of $10.00, while this could pave the way for the WLD coin to reach $37 in the long term.
However, if the price falls back into the downtrend, it could drop to $1.20, indicating market weakness. Currently, the relative strength index (RSI) stands at 42.48, indicating that the market is neither too hot nor too cold, but rather leaning toward a positive outlook.
