OpenAI discussed raising tens of billions at about $750 billion valuation: The Information

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OpenAI has held preliminary talks with some investors about raising funds at a valuation of around $750 billion, the Information reported on Wednesday.

The ChatGPT maker could raise as much as $100 billion, the report said, citing people with knowledge of the discussions.

Reuters could not immediately verify the report and OpenAI did not immediately respond to a request for comment.

If finalised, the talks would represent a roughly 50% jump from OpenAI’s reported $500 billion valuation in October, following a deal in which current and former employees…



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OpenAI discussed raising tens of billions at about $750 billion valuation: The Information



OpenAI has held preliminary talks with some investors about raising funds at a valuation of around $750 billion, the Information reported on Wednesday.

The ChatGPT maker could raise as much as $100 billion, the report said, citing people with knowledge of the discussions.

Reuters could not immediately verify the report and OpenAI did not immediately respond to a request for comment.

If finalised, the talks would represent a roughly 50% jump from OpenAI’s reported $500 billion valuation in October, following a deal in which current and former employees…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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