OpenAI is reportedly in talks with buyers to lift $6.5 billion in new funding, valuing the startup at $150 billion, in line with Bloomberg and the Financial Times.
The new valuation, which doesn’t embrace the cash being raised, is considerably larger than OpenAI’s beforehand reported valuation from earlier this 12 months, $86 billion, and much larger than some other AI startup at the moment. The funding spherical will reportedly be led by Thrive Capital, a significant investor of OpenAI in earlier rounds. Other reported buyers embrace Microsoft, Apple, and Nvidia — OpenAI companions which might be all invested within the success of the AI startup, in a technique or one other.
Bloomberg additionally studies that OpenAI is in talks to lift $5 billion in debt from a couple of banks.
In August, the Wall Street Journal reported Thrive was main an enormous funding spherical for OpenAI, planning to contribute roughly $1 billion. However, the Journal reported OpenAI’s valuation for this spherical at round $100 billion.
