OpenAI reportedly in talks to raise at least $30 billion at a $1.4 trillion valuation
OpenAI reportedly in talks to raise $30B round at $1.4T valuation
What happened
According to Bloomberg, OpenAI is in talks with investors to raise at least $30 billion in a pre-IPO funding round at a valuation of about $1.4 trillion. The report said a strategic focus on key areas such as coding helped its run-rate revenue grow 70% since July, reaching $40 billion in August.
Reported by 2 sources
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