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OpenAI in talks to raise new funding at $100 billion valuation: Report

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The terms, valuation and timing of OpenAI’s funding round have not yet been finalised and could still change, the report said.
OpenAI is in early talks to raise a fresh round of at a valuation at or above $100 billion, Bloomberg News reported on Friday, citing people with knowledge of the matter. The terms, valuation and timing of the funding round have not yet been finalised and could still change, the report said. OpenAI has also held discussions to raise funding for a new with Abu Dhabi-based G42, according to the report. It is unclear if the chip venture and wider company funding were related, the report said, adding that OpenAI has discussed raising between $8 billion and $10 billion from G42.

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