Report: OpenAI closing on $30B ‘bridge’ funding round to tide it over before IPO
Artificial intelligence leader OpenAI Group PBC might have plans to go public in the near future, but it isn’t done with private funding rounds. Indeed, it’s currently believed to be negotiating with investors an additional $30 billion investment that would bring its valuation to a staggering $1.25 trillion, which would make it the most valuable […] The post Report: OpenAI closing on $30B…
OpenAI Group PBC, a leader in artificial intelligence, is believed to be negotiating a $30 billion investment to close a $30 billion bridge funding round ahead of its initial public offering (IPO). The company, valued at $1.25 trillion, would become the most valuable private company in the world. According to CNBC, the UAE is leading the new round, with Coatue expected to participate.
