OpenAI is conducting preliminary negotiations to attract investments. The startup’s valuation for the round will be at least $100 billion and the deal will secure the title of one of the most expensive startups, Bloomberg writes citing sources.
The date and other details of the transaction are not reported. Previously, the publication’s interlocutors reported that in early January OpenAI plans to raise funds based on a capitalization estimate of $86 billion.
OpenAI has also discussed a chip deal with UAE-based G42. The company wanted to raise between $8 billion and $10 billion to create its chips. G42 and OpenAI had already signed a cooperation agreement in October 2023, under which the latter promised to create cutting-edge artificial intelligence solutions for the UAE and other regional markets.
Author:
Karina Pardaeva
Source: RB
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