OpenAI Targets 30 Billion Funding
OpenAI is reportedly seeking to raise at least 30 billion dollars in a new funding round that would value the artificial intelligence company at approximately 1.4 trillion dollars.
OpenAI is targeting at least $30 billion in a new funding round at a valuation of $1.4 trillion, people familiar with the matter said Tuesday. The proposed capital raise would serve as a bridge financing ahead of a public listing. OpenAI's annualized revenue run rate is nearing $70 billion, according to Reuters reporting.
