TechCrunchby Julie Bort
Original published:

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

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

OpenAI is preparing a $30 billion raise at a $1.25 trillion valuation ahead of its IPO, which would set a record for the most highly valued private company.

Key points

  • •OpenAI is preparing a $30 billion funding round before its IPO.
  • •The valuation for this round is reported to be $1.25 trillion.
  • •If achieved, this would make it the most highly valued private company in history.
#AI Companies & Funding#Major Players#OpenAI
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