Artificial Intelligence

OpenAI values fundraising at 150 billion

ChatGPT's start-up is considering raising new funds from investors

1' min read

1' min read

OpenAI is in talks to raise $6.5 billion from investors for a valuation of $150 billion, according to people familiar with the situation.

The new valuation, a figure that does not include the money raised, is significantly higher than the $86 billion valuation of the company's public offering earlier this year and consolidates its position as one of the world's most valuable start-ups.

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At the same time, OpenAI is also in talks to raise $5 billion in debt from banks.

The start-up did not comment on the financing negotiations. People familiar with the deal noted that discussions are still ongoing and the numbers could change.

The financing round is expected to be led by Thrive Capital, according to earlier reports by Bloomberg. Microsoft, the company's largest investor, is also expected to participate, and Apple and Nvidia are in talks to invest.

Founded in 2015, OpenAI has been at the centre of the technology industry's rapid shift towards artificial intelligence, kicking off an investment frenzy with the 2022 debut of its chatbot ChatGPT.

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