Making AI Headlines · Page 10
OpenAI Raises $11 Billion and Keeps the Collection Plate Moving
· New York time
OpenAI has secured $11 billion in fresh capital at a $1.25 trillion valuation, the first tranche of a round that could reach $20 billion. The Decoder reports that the company is also turning to wealthy private investors, a development it sees as a sign of growing investor caution. The full round is not yet the same thing as the money already raised. For a company with ambitions on this scale, even an extraordinary financing figure can be presented as an opening installment. The valuation is enormous; the fundraising conversation apparently still has room for another chair.
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