OpenAI has closed $11 billion of a new funding round at a $1.25 trillion valuation, according to multiple reports. The round initially sought more than $30 billion at $1.4 trillion before being scaled back to $20 billion at $1.25 trillion; the remaining $9 billion is expected to be completed later.
OpenAI Closes $11 Billion of New Funding Round at $1.25 Trillion ValuationAI News
OpenAI has closed $11 billion of a new funding round at a $1.25 trillion valuation, according to multiple reports. The round initially sought more than $30 billion at $1.4 trillion before being scaled back to $20 billion at $1.25 trillion; the remaining $9 billion is expected to be completed later.