US EditionOpenAI reportedly raises $8.3B at $300B valuation
SAN FRANCISCO COUNTY, CALIFORNIA, AUG 1 – OpenAI secured $8.3 billion led by Dragoneer, surpassing targets and accelerating plans to raise $40 billion for growth and potential IPO, with $13 billion in annual revenue reported.
- On Friday, The New York Times reported Sam Altman-led OpenAI raised $8.3 billion at a $300 billion valuation.
- In March, OpenAI initially raised $2.5 billion from VC firms in a round spearheaded by SoftBank, part of its broader strategy to secure $40 billion this year.
- On Thursday, The Information reported OpenAI's annualized revenue reached $12 billion while ChatGPT's weekly active users surpassed 700 million.
- OpenAI's new funding, amid discussions with Microsoft on its for-profit transition, strengthens its path toward a potential IPO and expansion.
- Projected to surpass $20 billion in ARR by year's end, OpenAI also expects $12.7 billion in 2025 revenue, per March Bloomberg forecasts.
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OpenAI's latest funding round was so popular early investors were reportedly miffed about being pushed aside to make room for new partners
OpenAI just scored another $8.3 billion thanks to new investors, including a $2.8 billion check from Marc Stad's Dragoneer Investment Group.
These investments are part of a round table in several tranches of a total of $40 billion, announced in April.
OpenAI Raises $8.3 Billion in Fresh Capital, Further Increasing Its Valuation
OpenAI has secured $8.3 billion in new capital as part of its ongoing $40 billion fundraising effort, according to a person with direct knowledge of the deal. The latest tranche—oversubscribed and completed ahead of schedule—signals surging investor appetite for the company’s products and its growing dominance in the global AI arms race. The injection of […] The post OpenAI Raises $8.3 Billion in Fresh Capital, Further Increasing Its Valuation a…
OpenAI Secures $8.3B in Funding, Valuation Hits $300B | The New York Ledger
OpenAI has actually raised $8.3 billion at a $300 billion evaluation, accelerating its strategy to protect $40 billion in financing by year’s end. The most recent round, led by Dragoneer Financial investment Group, follows the business raised $2.5 billion in March. According to The New York City Times on Friday, Dragoneer dedicated $2.8 billion to the raise, representing approximately 10% of its overall funds. The financing round brings OpenAI c…
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