Report: OpenAI closing on $30B ‘bridge’ funding round to tide it over before IPO
According to reports, OpenAI is in discussions with investors for an additional $30 billion investment despite plans to eventually go public. The funding would raise the company's valuation to $1.25 trillion, establishing it as the highest-valued private company. This bridge round appears designed to support operations and growth until a public listing occurs.
Key points
- OpenAI negotiating $30B funding round
- Would value company at $1.25 trillion
- Bridge funding before planned IPO
- Largest private company valuation
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