Published

OpenAI Fundraising Set to Vault Startup’s Value to $150 Billion

  • OpenAI is in talks to raise $6.5 billion at a $150 billion valuation, significantly higher than its previous $86 billion valuation, according to Bloomberg and the Financial Times.
  • Thrive Capital will reportedly lead the funding round, with investors like Microsoft, Apple, and Nvidia involved, as reported by Bloomberg.
  • OpenAI is also negotiating a $5 billion revolving credit line from banks, aiming for long-term private status, according to sources.
Insights by Ground AI
Does this summary seem wrong?
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources are Center
50% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)