OpenAI in talks for funding at a $750 billion valuation

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OpenAI is reportedly in initial talks with investors to raise funds, which could push its market valuation to approximately $750 billion. According to sources familiar with the ongoing deliberations, the company wants to raise up to $100 billion from investors (via The Information).

For context, if the deal goes through, OpenAI could see its market valuation jump by 50% from the reported $500 billion in October, following the sale of $6.6 billion in shares from current and former staff.

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OpenAI in talks for funding at a $750 billion valuation


OpenAI is reportedly in initial talks with investors to raise funds, which could push its market valuation to approximately $750 billion. According to sources familiar with the ongoing deliberations, the company wants to raise up to $100 billion from investors (via The Information).

For context, if the deal goes through, OpenAI could see its market valuation jump by 50% from the reported $500 billion in October, following the sale of $6.6 billion in shares from current and former staff.

Reported…



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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