OpenAI Closes In On Record $100B+ Funding Round, Valuation Poised To Exceed $850B
Summary
OpenAI is closing in on a record-breaking $100 billion+ funding round that could push its valuation beyond $850 billion, cementing its status as one of the most valuable AI companies in history.
Key Points
- OpenAI is in the final stages of closing a landmark funding round expected to surpass $100 billion, marking a record-breaking financing deal for the AI startup.
- The company's overall valuation, factoring in the new funding, could exceed $850 billion, surpassing the initially projected $830 billion figure.
- OpenAI's pre-money valuation holds steady at $730 billion as it prepares to invest trillions in infrastructure to expand its artificial intelligence capabilities.