OpenAI negotiates a $1.25 trillion valuation
Watch on YouTube OpenAI could raise up to $30 billion without going public yet. That figure is already enormous, but the other figure in the news is even bigger: investors are reportedly negotiating a $1.25 trillion valuation for the company before contributing that money. The deal remains open. For now, we are talking
OpenAI could raise up to $30 billion without going public yet. That figure is already enormous, but the other figure in the news is even bigger: investors are reportedly negotiating a $1.25 trillion valuation for the company before contributing that money. The deal remains open. For now, we are talking about a negotiation, not a round that has closed at that price. According to TechCrunch, citing sources quoted by CNBC, the round would be led by Coatue and investors from the United Arab Emirates. OpenAI declined to comment. According to CNBC, the talks also include the possibility of pairing the Emirati funding with an agreement to provide OpenAI with more computing capacity. The source presents that possibility as part of the talks; it does not say that an agreement already exists.
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