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OpenAI in Talks to Raise $6.5 Billion
OpenAI is reportedly in discussions with investors to raise a total of $6.5 billion, with a pre-money valuation of $150 billion, as reported by Bloomberg. This valuation is significantly higher than the previous $86 billion valuation earlier this year.
Major Investors and Funding Details
The funding round is expected to be led by Thrive Capital, with other reported investors including Microsoft, Apple, and Nvidia. OpenAI is also in talks to secure $5 billion in debt from several banks.
Previous Reports and Valuations
Earlier reports suggested that Thrive Capital was leading a funding round with a contribution of around $1 billion, with OpenAI’s valuation estimated at $100 billion. However, the latest discussions indicate a higher valuation for the AI startup.
