AICNBC2h ago
OpenAI nears an up to $30B round led by investors from the UAE
Sources: OpenAI nears an up to $30B round led by investors from the UAE and Coatue at a $1.25T pre-money valuation, as an "opportunistic" bridge ahead of an IPO
TL;DROpenAI raising up to $30B at $1.25T valuation before going public.
Why it matters: Sets AI company valuations, signals IPO timeline, shows investor confidence in generative AI's staying power.
Sources: OpenAI nears an up to $30B round led by investors from the UAE and Coatue at a $1.25T pre-money valuation, as an “opportunistic” bridge ahead of an IPO — OpenAI is closing in on a funding round that could value the artificial intelligence giant at more than $1 trillion ahead …
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