OpenAI Valuation Soars to $150 Billion, Reports Suggest

OpenAI is reportedly in talks to raise $6.5 billion, valuing the company at $150 billion. This information comes from Bloomberg, citing sources.

The AI startup also aims to secure $5 billion from banks through a revolving credit line.

Earlier reports from the media indicated that Sam Altman’s company was in discussions with investors to raise funds at a valuation exceeding $100 billion. It appears the figure has significantly increased, positioning OpenAI among the most valuable private firms.

Discussions are ongoing, and the terms of the deal may change, Bloomberg emphasizes.

The new funding round will be led by Thrive Capital. According to media reports, Apple, Nvidia, and Microsoft are expected to participate.

In February, OpenAI completed a share sale valuing the company at $86 billion.

That same month, news emerged of CEO Sam Altman’s negotiations with investors to raise between $5 trillion and $7 trillion for an ambitious chip production project.

OpenAI’s chief plans to implement a large-scale initiative to develop AI hardware and systems worth tens of billions of dollars.