OpenAI's Valuation Set to Reach $150 Billion Amid Fundraising Efforts

Reported 28 days ago

OpenAI is reportedly in discussions to raise $6.5 billion from investors, pushing its valuation to an impressive $150 billion. This significant increase from the previous $86 billion valuation highlights OpenAI's position as one of the world's most valuable startups. The company also aims to secure an additional $5 billion in debt from banks through a revolving credit facility. Notable participants in the funding round may include Thrive Capital, Microsoft, Apple, and Nvidia.

Source: YAHOO

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