OpenAI Raises $8.3B in New Funding as ARR Hits $13B, on Track for $20B by Year-End - Tech Startups

OpenAI raises $8.3B in new funding as ARR hits $13B, on track for $20B by year-end - Tech Startups

OpenAI just added another $8.3 billion to its coffers, part of a record-breaking $40 billion funding round, according to a report from CNBC, citing people familiar with the deal. The raise is now officially the largest private raise in tech […] The post OpenAI raises $8.3B in new funding as ARR hits $13B, on track for $20B by year-end first appeared on Tech Startups.

OpenAI Raises $8.3B in Oversubscribed Round, Targets $40B Total Funding by Year-End - CryptoShrypto

OpenAI has secured $8.3 billion in fresh funding at a staggering $300 billion valuation, accelerating its push to raise $40 billion by the end of 2025. The latest round, led by Dragoneer Investment Group, brings the company closer to its goal as demand for generative AI tools continues to surge globally. Dragoneer committed $2.8 billion—roughly 10% of its fund capital—according to The New York Times. The round was oversubscribed five times, with…

OpenAI lands $8.3B at $300B valuation

OpenAI secured $8.3 billion in funding at a $300 billion valuation, The New York Times reported, as part of its effort to raise $40 billion this year. The oversubscribed funding round concluded months ahead of schedule. OpenAI previously obtained $2.5 billion from venture capital firms in March when announcing its $40 billion target led by SoftBank. The company planned to secure an additional $7.5 billion by year’s end but accelerated the proces…

T. Rowe Price Joins New $8.3 Billion Funding Round for OpenAI

T. Rowe Price has emerged as one of the notable investors in OpenAI’s most recent fundraising round, joining a distinguished lineup including Blackstone, TPG, Fidelity, and Dragoneer as the company readies itself for a potential initial public offering. OpenAI has secured $8.3 billion in new capital, boosting its valuation to $300 billion, according to people familiar with the deal. Of the total, Dragoneer Investment Group led with a $2.8 billio…