OpenAI reportedly in talks to raise at $150B valuation

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OpenAI is reportedly in talks with investors to raise $6.5 billion in new funding, valuing the startup at $150 billion, according to Bloomberg and the Financial Times.

That’s significantly higher than OpenAI’s previously reported valuation from earlier this year, $86 billion, and far higher than any other AI startup today. The funding round will reportedly be led by Thrive Capital, a major investor of OpenAI in previous rounds. Other reported investors include Microsoft, Apple, and Nvidia; OpenAI partners that are all invested in the success of the AI startup, in one way or another.

Bloomberg also reports that OpenAI is in talks to raise $5 billion in debt from a few banks.

In August, the Wall Street Journal reported Thrive was leading a massive funding round for OpenAI, planning to contribute roughly $1 billion. However, the Journal reported OpenAI’s valuation for this round at around $100 billion.



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Lisa Holden
Lisa Holden
Lisa Holden is a news writer for LinkDaddy News. She writes health, sport, tech, and more. Some of her favorite topics include the latest trends in fitness and wellness, the best ways to use technology to improve your life, and the latest developments in medical research.

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