openai funding
OpenAI closes record $122Bn fundraise, valuing the AI firm at $852Bn
In what would be one of the largest private funding rounds in history, OpenAI today announced raising a staggering $122 billion in committed capital at a post-money valuation…
OpenAI could raise $10Bn in fresh funding from MGX, Coatue, Thrive and Altimeter
OpenAI is reportedly preparing to raise around $10 billion in fresh funding from a consortium of leading investors. This latest part of the investment is expected to come…
OpenAI closes mega $110Bn funding round led by Amazon, Nvidia and SoftBank at a staggering $730Bn valuation
Delivering on the anticipation that has been building up for past few months, OpenAI has closed one of the largest funding rounds in tech history, raising a massive…
OpenAI projects $280Bn in revenue by 2030 along with $100Bn in losses
OpenAI is preparing for a massive expansion that looks more like building global infrastructure than growing a typical software company. The AI giant has been informing investors that…
Nvidia to participate in OpenAI’s latest funding, but it could be well below $100Bn, Jensen Huang confirms
Nvidia’s plans to invest in OpenAI’s current funding round are on-pace, but the amount will not be anywhere near the $100 billion figure that was earlier reported. Speaking…
SoftBank reportedly eyes additional $30Bn investment in OpenAI
SoftBank is engaged in discussions to commit as much as $30 billion more to OpenAI, according to media reports, which cite people familiar with the matter, building on…
OpenAI completes for-profit restructuring, Microsoft secures 27% stake at $500Bn valuation
OpenAI has finally completed its transition to a for-profit structure after receiving approval for a major corporate reorganization. The company (which was founded in 2015 as a nonprofit…
OpenAI’s valuation skyrockets to $500Bn in employee stock sale: Report
OpenAI is in early talks to facilitate a secondary stock sale for current and former employees, a move that could value the company at a total of $500…
OpenAI secures $40Bn in fresh funding, valuation at $300Bn
OpenAI has closed a record-breaking $40 billion private funding round, marking the largest capital raise by a private firm so far. The investment, primarily led by Japan’s SoftBank,…
OpenAI nears $40 billion SoftBank-led funding
OpenAI is now on the verge of securing a record-breaking $40 billion funding round, with SoftBank Group Corp. as the primary investor. According to several reports, Magnetar Capital,…
OpenAI secures $6.6Bn in latest fundraise to reach $157B in valuation
OpenAI’s $6.5 billion funding round has been the cause of speculation for weeks, and now, the AI firm has confirmed the development. OpenAI confirmed that it has closed…
OpenAI now looking at $150Bn valuation in next fundraise: Report
After having breached the $100Bn valuation mark in funding speculations, OpenAI is now reportedly in advanced discussions to raise approximately $6.5 billion in new equity funding. If successful,…
Nvidia, Apple eye stakes in OpenAI in latest fundraise
OpenAI’s upcoming funding round seems to have gained some major attention. The likes of Nvidia, Apple, and Microsoft aim to join the funding round (one that could leave…
OpenAI nears $100 billion valuation in new funding round
Sam Altman’s OpenAI is now on the cusp of securing a significant round of funding that could value the company at over $100 billion, reports WSJ. This comes…
OpenAI mulls share sale, reportedly at a $80-90 Bn valuation
If media reports are to go by, OpenAI the parent for the viral ChatGPT chatbot, is in talks with investors that could lead to a groundbreaking share sale.…