OpenAI Seeks $6.5 Billion at Record $150 Billion Valuation
OpenAI is negotiating a massive $6.5 billion funding round led by Thrive Capital, pushing its pre-money valuation to an unprecedented $150 billion. Tech giants Microsoft, Apple, and Nvidia also reportedly join the landmark investment.
OpenAI is currently in negotiations with investors to raise $6.5 billion at a massive $150 billion pre-money valuation. This new figure represents a significant leap from the $86 billion valuation reported earlier this year and easily makes the company the most valuable AI startup in the world.
Thrive Capital leads this landmark funding round and plans to contribute roughly $1 billion. The investment group also reportedly includes major OpenAI partners like Microsoft, Apple, and Nvidia, all of which hold a deep vested interest in the startup's continued success.
In addition to this massive equity round, OpenAI is simultaneously working to secure $5 billion in debt from several major banks. This combined financial strategy provides the AI developer with enormous capital as it continues to spend heavily on computing power and talent.