Report
OpenAI reportedly nears up to $30 billion round at $1.25 trillion pre-money valuation
CNBC reporter Kr00ney identifies UAE investors and Coatue as prospective leaders; TechCrunch reports the terms remain under negotiation.
TLDR
OpenAI is nearing a funding round of up to $30 billion at a $1.25 trillion pre-money valuation, CNBC reporter Kr00ney reports. UAE investors and Coatue would lead it, but TechCrunch says the terms could change. Kr00ney also reports talks over additional computing capacity from the UAE, while SiliconANGLE frames the proposed raise as a bridge ahead of an IPO.
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