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OpenAI eyes $6.5B fundraising to bolster valuation to $150B - Bloomberg

Published 09/11/2024, 04:21 PM
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Investing.com -- ChatGPT parent Open AI is talks to raise around $6.5 billion from investors, taking its valuation to around $150B, well above its prior $86B valuation, Bloomberg reported Wednesday, citing unnamed sources.

Banks are also in talks to issue the AI startup $5B in debt, the sources said. 

Thrive Capital is set to lead the funding round, Bloomberg previously reported, with Microsoft (NASDAQ:MSFT) also expected to join in, while Apple (NASDAQ:AAPL), and Nvidia (NASDAQ:NVDA) are in talks about participating.

The startup did not comment on the funding talks, Bloomberg reported.

 

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