OpenAI working on new $30B raise at $1.25T valuation ahead of IPO
Should OpenAI command an over $1 trillion valuation with this round, it would break records as the most highly valued private company ever.
Proof2 independent outlets
Key points
- Artificial intelligence leader OpenAI Group PBC might have plans to go public in the near future, but it isn’t done with private funding rounds.
- Indeed, it’s currently believed to be negotiating with investors an additional $30 billion investment that would bring its valuation to a staggering $1.25 trillion, which would make it the most valuable [...]
- The post Report: OpenAI closing on $30B ‘bridge’ funding round to tide it over before IPO appeared first on SiliconANGLE.
Sources (2)
- [1]OpenAI working on new $30B raise at $1.25T valuation ahead of IPOTechCrunch: AI · Oct 22, 10:08 PM
Should OpenAI command an over $1 trillion valuation with this round, it would break records as the most highly valued private company ever.
- [2]Report: OpenAI closing on $30B ‘bridge’ funding round to tide it over before IPOSiliconANGLE: AI · Oct 23, 12:47 AM
Artificial intelligence leader OpenAI Group PBC might have plans to go public in the near future, but it isn’t done with private funding rounds.
Indeed, it’s currently believed to be negotiating with investors an additional $30 billion investment that would bring its valuation to a staggering $1.25 trillion, which would make it the most valuable [...]
Extractive summary: sentences quoted from the sources.
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