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OpenAI reportedly raises an additional $11 billion at a $1.25 trillion valuation
OpenAI has reportedly raised $11 billion so far in a new funding round that values the AI lab at $1.25 trillion. Bloomberg reported on the new funding on Friday, citing sources familiar with the matter.
AI Summary
OpenAI has reportedly secured $11 billion in a new funding round that values the AI lab at $1.25 trillion, according to Bloomberg sources. The $11 billion represents only part of the round, which remains open and is expected to close in the coming weeks. A source told Bloomberg the total amount could reach about $20 billion once the round is finalized.
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