OpenAI is now in talks to raise about $6.5 billion at a valuation of around $150 billion, which exceeds its earlier funding goals.
Investors' belief in OpenAI's leadership in the A.I. race appears to be driving participation from major players like Microsoft and Apple.
With a $150 billion valuation, OpenAI would be nearly twice as valuable as Intel and could face increased pressure to go public.
OpenAI needs funding to support its estimated $7 billion annual burn rate for research and development of new A.I. services.
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