OpenAI nears $30B funding round at $1.2T valuation
Photo: Crypto Briefing
OpenAI is reportedly negotiating a substantial funding round, potentially raising nearly $30 billion at a valuation of approximately $1.25 trillion. This development, highlighted by social media reports, comes as the company aims to secure significant capital amid deferred IPO plans. The funding, if realized, would position OpenAI to compete more effectively with rivals such as Anthropic , particularly in attracting institutional and sovereign-wealth investors. This potential influx of capital follows a previous financing round in March, which saw the company valued at $852 billion. Watch for official announcements from OpenAI regarding the finalization of the funding round.
Source: Crypto Briefing
