The post OpenAI Goes Global: Expansion Sparks Worldcoin Surge, Could Prices Hit $37? appeared first on Coinpedia Fintech News
OpenAI is making waves again! Sam Altman’s company has announced plans to open new offices in the U.S., 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 moment, with signs of a potential price breakout.
Analysts even suggest Microsoft might buy OpenAI within three years, which could lead to a massive surge 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 like New York City, Seattle, Paris, Brussels, and Singapore. This expansion follows existing offices in San Francisco, London, Dublin, and Tokyo, highlighting the company’s commitment to growth in the artificial intelligence sector.
his expansion comes right after securing $6.6 billion in funding from top investors like Microsoft and NVIDIA, boosting its value to $157 billion.
With this expansion and investment, OpenAI is positioned to further enhance its AI technologies and continue its leadership in the industry, making it an exciting time for both the company and its supporters.
Will Microsoft To Acquire OpenAI
Even with its recent funding success, CCS Insights suggests that OpenAI could explore a sale to Microsoft by 2027. With Microsoft being 19 times larger 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 jumped in the past due to OpenAI’s advancements, but it fell 40% after Elon Musk sued OpenAI. If Microsoft acquires OpenAI, experts predict Worldcoin could skyrocket by at least 20X, reaching around $37.62, with a market cap of $19.2 billion!
Key Level To Watch Out For?
Worldcoin’s price has been in a downward trend since April 2024 but recently broke out of this pattern, signaling a possible rise. 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 hit $37 in the long term.
However, if the price falls back into the downward trend, it could drop to $1.20, indicating market weakness. Currently, the relative strength index (RSI) is at 42.48, suggesting that the market isn’t too hot or too cold, but it’s leaning more towards a positive outlook.