Bloomberg: OpenAI closed $11B in a new funding, the first tranche of a round valuing it at $1.25T.
Investors had wired the cash today, and the rest, up to $20B in total, should follow within weeks.
OpenAI closes $11 billion first tranche of funding at $1.25 trillion valuation
AIBloomberg reports that OpenAI closed an $11 billion first tranche of a new funding round that values the company at $1.25 trillion. Investors wired the cash on the same day, and the rest of the round, up to $20 billion in total, is expected within weeks.
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The post reports the first tranche of a large funding round at a stated valuation, with the remaining amount expected within weeks, useful for tracking OpenAI's capital position.
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Rohan Paul · x.comPublished · added here
Original title: Bloomberg: OpenAI closed $11B in a new funding, the first tranche of a round valuing it at $1.25T.