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.