Money and business

OpenAI is on the cusp of a financing round exceeding $100 billion

OpenAI is close to finalizing the first stages of a new financing round that is likely to bring in more than $100 billion, in a record deal that will give the startup additional capital to build its artificial intelligence tools, according to Bloomberg.
With the company that owns GBT Chat preparing to spend trillions of dollars in infrastructure investments, its total valuation, including final financing, may exceed 850 billion, according to sources. This is higher than the 830 billion that was initially expected, and a source said that the company’s value before financing will remain at 730 billion.

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