OpenAI aims to raise at least $5bn at $150bn valuation

Full Article
OpenAI aims to raise at least $5bn at $150bn valuation

OpenAI is targeting to raise at least $5 billion, aiming for a valuation of $150 billion. This funding round could significantly increase the company's market value, nearly doubling it. Investors involved in this deal include major tech players like Apple, Nvidia, Microsoft, and Thrive Capital.

The substantial investment reflects the growing interest and competition in the artificial intelligence sector. OpenAI's advancements in AI technology have positioned it as a leader in the field, attracting significant financial backing. This funding will likely support further innovations and developments in AI applications.

• OpenAI aims to raise $5 billion to enhance AI development.

• Major investors include Apple, Nvidia, and Microsoft.

Key AI Terms Mentioned in this Article

Artificial Intelligence

OpenAI's focus on AI technology drives its valuation and investment interest.

Valuation

OpenAI's target valuation of $150 billion reflects its market position and growth potential.

Companies Mentioned in this Article

OpenAI

The company is seeking significant investment to further its AI initiatives and innovations.

Apple

Its investment in OpenAI highlights its commitment to advancing AI technology.

Nvidia

Its involvement in OpenAI's funding round underscores its role in the AI ecosystem.

Microsoft

Its participation in OpenAI's funding reflects its strategic interest in AI advancements.

Thrive Capital

Its investment in OpenAI signifies confidence in the future of AI technologies.

Get Email Alerts for AI News

By creating an email alert, you agree to AIleap's Terms of Service and Privacy Policy. You can pause or unsubscribe from email alerts at any time.

Latest Articles

Alphabet's AI drug discovery platform Isomorphic Labs raises $600M from Thrive
TechCrunch 3month

Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600

AI In Education - Up-level Your Teaching With AI By Cloning Yourself
Forbes 3month

How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.

Trump's Third Term - How AI Can Help To Overthrow The US Government
Forbes 3month

Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.

Sam Altman Says OpenAI Will Release an 'Open Weight' AI Model This Summer
Wired 3month

Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.

Popular Topics