OpenAI, one of the leading companies in the world of artificial intelligence, has entered a new fundraising process with investors at a huge valuation. According to Bloomberg, the company is negotiating with investors for a valuation of $150 billion . In fact, it aims to raise $6.5 billion in investment during this process. OpenAI is also negotiating with banks to obtain a revolving loan of $5 billion. Here are the details…
OpenAI raises funding at $150 billion valuation
OpenAI was looking for investors earlier this year with a valuation of $86 billion. The company’s rapidly growing popularity and influence in the AI market have significantly increased this valuation. The company, known for its groundbreaking products in AI technologies, has reached millions of users with tools like ChatGPT.
With these successes piled up, OpenAI continues to attract more investment in the rapidly growing market. Microsoft, one of the company’s biggest supporters, also plans to take part in this investment round.
Microsoft has been collaborating with OpenAI for years. In fact, thanks to this support, the company is further strengthening its leadership position in the industry. However, Microsoft has not yet made an official statement regarding this investment round.
In addition to all this, Thrive Capital, which is expected to manage the investment round, plans to invest $1 billion in this round. OpenAI will use these funds to undertake new projects to further advance artificial intelligence technologies. The company’s aim is to spread its innovative work in the field of artificial intelligence to a wider area.