OpenAI in talks to raise $6.5B at a $150B valuation, led by Thrive Capital with $5B debt.

OpenAI, known for its ChatGPT chatbot, is in discussions to raise $6.5 billion, potentially valuing the company at $150 billion, a significant increase from its earlier $86 billion valuation. The funding round, led by Thrive Capital, may also include $5 billion in debt from banks. This funding aims to support computing needs and operational costs, solidifying OpenAI's position as one of the world's most valuable startups.

September 11, 2024
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