Article 728TE OpenAI Has Discussed Raising Tens of Billions at About $750 Billion Valuation

OpenAI Has Discussed Raising Tens of Billions at About $750 Billion Valuation

by
msmash
from Slashdot on (#728TE)
An anonymous reader shares a report: OpenAI has held preliminary talks with some investors about raising funds at a valuation of around $750 billion, the Information reported on Wednesday. The ChatGPT maker could raise as much as $100 billion, the report said, citing people with knowledge of the discussions. If finalized, the talks would represent a roughly 50% jump from OpenAI's reported $500 billion valuation in October, following a deal in which current and former employees sold about $6.6 billion worth of shares.

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