OpenAI Reportedly Raising $30B at a $1.25 Trillion Valuation
OpenAI is reportedly working on a raise of up to $30 billion at a $1.25 trillion pre-money valuation ahead of a potential IPO.
OpenAI is reportedly working on raising up to $30 billion at a $1.25 trillion pre-money valuation, in a round led by Coatue and investors from the UAE.
The round comes ahead of an expected IPO. Terms are still being negotiated, so the final size and valuation could change.
Original source
techcrunch.com
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