Technology

OpenAI working on new $30B raise at $1.25T valuation ahead of IPO

Summary

OpenAI is currently preparing a massive thirty billion dollar funding round. If successful, the transaction would value the artificial intelligence company at an unprecedented one point twenty five trillion dollars ahead of a public stock offering. This milestone would establish it as the most valuable private enterprise in history.

Should OpenAI command an over $1 trillion valuation with this round, it would break records as the most highly valued private company ever.

Source: Read the full story at TechCrunch

Follow Tech & Money Press for daily watchlists and market news

XFacebookInstagram
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.
About UsContactPrivacy PolicyDisclaimer
Not financial advice. Curated headlines link to their original publishers.