Report
OpenAI reportedly targets $1.25 trillion valuation in talks to raise around $30 billion
Bloomberg reports the figure is $150 billion below the $1.4 trillion valuation previously discussed; negotiations remain ongoing.
TLDR
OpenAI is seeking around $30 billion in fresh funding at a targeted $1.25 trillion valuation, Bloomberg reports, citing people familiar with the matter. That is $150 billion below the $1.4 trillion value discussed earlier in the talks. The negotiations are in their final stages, but the fundraising discussions are ongoing and details could change.
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