Business2 sources
Sources: OpenAI has closed on new funding of roughly $11B at a $1.25T valuation; the round could increase to as much as $20B in total (Bloomberg)
Techmeme ·
The Brief
- OpenAI has closed about $11 billion of a new funding round, according to people familiar with the matter.
- The round values OpenAI at $1.25 trillion.
- The round could grow to as much as $20 billion in total.
Why it matters
Confirmed capital at a $1.25T valuation signals OpenAI's financial capacity to keep funding compute and model development, which can affect pricing and availability of its APIs and products over time.
- #openai
- #funding
- #valuation
- #ai-industry
Bloomberg : Sources: OpenAI has closed on new funding of roughly $11B at a $1.25T valuation; the round could increase to as much as $20B in total — OpenAI has closed on new funding of roughly $11 billion, the initial part of a round that values the company at $1.25…
Timeline
Bloomberg reports OpenAI has closed about $11 billion of funding at a $1.25 trillion valuation
Bloomberg Technology
OpenAI Completes $11 Billion Portion of Funding at $1.25 Trillion Value
Techmeme
Sources: OpenAI has closed on new funding of roughly $11B at a $1.25T valuation; the round could increase to as much as $20B in total (Bloomberg)
Full coverage · 2 sources
- 58 min ago ↗
Techmeme
Sources: OpenAI has closed on new funding of roughly $11B at a $1.25T valuation; the round could increase to as much as $20B in total (Bloomberg)
- 1h ago ↗
Bloomberg Technology
OpenAI Completes $11 Billion Portion of Funding at $1.25 Trillion Value