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OpenAI reportedly raises $11B at $1.25T valuation
Original title: OpenAI reportedly raises an additional $11 billion at a $1.25 trillion valuation
- Date
- Company
- OpenAI
- Type
- Business
- Source
- TechCrunchRead the source (opens in a new tab)
Plain language
- What it is
- OpenAI has reportedly raised an additional $11 billion in an ongoing funding round. This funding values the company at $1.25 trillion.
- How it works
- The funding is part of a larger investment round that is expected to close in the coming weeks. The total amount raised in this round could reach about $20 billion.
- Where it is available
- Not stated in the source.
- Example
- Not stated in the source.
For developers
- What it is
- OpenAI has reportedly secured $11 billion in new funding, valuing the AI company at $1.25 trillion.
- How it works
- The capital is part of an unclosed funding round that is projected to close in the coming weeks. The final total of the round could reach approximately $20 billion.
- Where it is available
- Not stated in the source.
- Example
- Not stated in the source.
The original post
The headline and explanation on this page are based on TechCrunch's post. The full details are in the original.
OpenAI reportedly raises an additional $11 billion at a $1.25 trillion valuation
Read the source (opens in a new tab)