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OpenAI reportedly in talks to raise $30 billion at a $1.4 trillion valuation

OpenAI reportedly in talks to raise $30 billion at a $1.4 trillion valuation

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Summary

OpenAI is reportedly negotiating a $30 billion funding round, according to TechCrunch. The potential deal would value the company at $1.4 trillion.

Details

OpenAI is reportedly in talks to raise $30 billion in a new funding round, TechCrunch reports. The information is presented as unconfirmed, and the discussions could still change.

If completed, the deal would value OpenAI at $1.4 trillion. The available information does not include further details about potential investors, the terms of the round or the expected timeline for concluding the negotiations.

NEXORA AI — Why it matters

The reported fundraising talks would indicate a potential valuation of $1.4 trillion for OpenAI.

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Read the original publication at TechCrunch