OpenAI reportedly in talks to raise at $150B valuation
Reading Time: < 1 minutesOpenAI is reportedly in talks with investors to raise $6.5 billion in new funding, valuing the startup at $150 billion, according to Bloomberg and the Financial Times.
That’s significantly higher than OpenAI’s previously reported valuation from earlier this year, $86 billion, and far higher than any other AI startup today. The funding round will reportedly be led by Thrive Capital, a major investor of OpenAI in previous rounds. Other reported investors include Microsoft, Apple, and Nvidia; OpenAI partners that are all invested in the success of the AI startup, in one way or another.
Bloomberg also reports that OpenAI is in talks to raise $5 billion in debt from a few banks.
In August, the Wall Street Journal reported Thrive was leading a massive funding round for OpenAI, planning to contribute roughly $1 billion. However, the Journal reported OpenAI’s valuation for this round at around $100 billion.
Reference: https://techcrunch.com/2024/09/11/openai-reportedly-in-talks-to-raise-at-150b-valuation/
Ref: techcrunch
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