[ccpw id="5"]

Home.forex news reportOpenAI has discussed raising tens of billions at about $750 billion valuation:...

OpenAI has discussed raising tens of billions at about $750 billion valuation: The Information

-


Dec 17 (Reuters) – OpenAI (OPAI.PVT) has held preliminary talks with some investors about raising funds at a ​valuation of around $750 billion, the Information reported ‌on Wednesday.

The ChatGPT maker could raise as much as $100 billion, the ‌report said, citing people with knowledge of the discussions.

Reuters could not immediately verify the report and OpenAI did not immediately respond to a request for comment.

If finalized, ⁠the talks would represent ‌a roughly 50% jump from OpenAI’s reported $500 billion valuation in October, following a deal ‍in which current and former employees sold about $6.6 billion worth of shares.

Separately, Microsoft-backed OpenAI is preparing for what could be ​among the largest IPOs ever, with a potential ‌valuation of up to $1 trillion. The company has been laying the groundwork to go public and may file with securities regulators as early as the second half of 2026, Reuters has reported.

The potential fundraise underscores ⁠the AI sector’s unrelenting appetite ​for computing power as companies sprint ​to build systems that match or exceed human capabilities.

Companies including Nvidia and Oracle have signed ‍multibillion-dollar AI ⁠deals with OpenAI this year. Still, investors reamain cautios, looking for any indication that AI demand ⁠might be cooling or that the hefty investments are not paying ‌off as expected.

(Reporting by Shivani Tanna in ‌Bengaluru; Editing by Alan Barona)



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Oracle’s (ORCL) FQ2 Cloud Revenue Misses Expectations Despite Strong AI Bookings and Backlog

Oracle Corporation (NYSE:ORCL) is one of the best Reddit stocks to invest in right now. On December 11, KeyBanc lowered the...

Bank Of Japan Lifts Policy Rate; Hints At More Hikes

The Bank of Japan raised its benchmark rate by a quarter-point to the highest level in three decades as inflation continued to remain...

Dupoin Strengthens MENA Expansion Strategy Following Recognition at Smart Vision Summit Egypt 2025

Executive Interview | Aydin Bonabi | Founder, Surveill | FMLS:25 ...

Analysis-Return of ‘Make Europe Great Again’ trades hinges on German comeback

By Yoruk Bahceli and Samuel Indyk LONDON, Dec 18 (Reuters) - For European markets overshadowed by the United...

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe

Most Popular

spot_img