OpenAI reportedly in talks to raise at $150B valuation | TechCrunch
Briefly

OpenAI is reportedly in talks with investors to raise $6.5 billion in new funding, valuing the startup at $150 billion, significantly up from $86 billion earlier this year.
Thrive Capital is set to lead this latest funding round, joined by major partners such as Microsoft, Apple, and Nvidia, all with vested interests in OpenAI's growth.
In addition to equity funding, OpenAI is also exploring raising $5 billion in debt from banks, showing a multifaceted approach to capital acquisition.
In August, reports indicated Thrive Capital would contribute around $1 billion to OpenAI, valuing the company at $100 billion, showcasing the rapid increase in OpenAI's market position.
Read at TechCrunch
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