OpenAI Aims for $1.4 Trillion Valuation With New Funding
OpenAI reportedly hopes to raise up to $30 billion after delaying plans to go public. The artificial intelligence (AI) company is targeting a valuation of roughly $1.4 trillion, not counting new funds raised, Bloomberg News reported Tuesday (Sept. 29), citing sources familiar with the matter. That figure could push OpenAI past rival Anthropic’s most recent […] The post OpenAI Aims for $1.4…
OpenAI is aiming to raise up to $30 billion in new funding, according to sources familiar with its plans. The AI company is targeting a staggering valuation of around $1.4 trillion, which would surpass rival Anthropic's most recent private market valuation, according to Bloomberg News. This demand is being driven by investors, as OpenAI is experiencing robust revenue growth, although details about the company's expenses remain unclear.
OpenAI CEO Sam Altman stated that the company is not in a rush to go public this year, as it prioritizes addressing safety concerns surrounding AI without the added pressure of being a newly listed company. OpenAI is also developing AI agents called "dots," which are powered by GPT-6 Astra and capable of functioning around the clock while connecting to over 4,000 apps through OpenAI's network of plugins.
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