OpenAI Eyes $30bn Funding Round As Investors Push Valuation Toward $1.4tn

EXCERPT: OpenAI is seeking at least $30bn in new funding as investors discuss a valuation of about $1.4tn. OpenAI is seeking to raise at least $30 billion in a new EXCERPT: OpenAI is seeking at least $30bn in new funding as investors discuss a valuation of about $1.4tn. OpenAI is seeking to raise at least $30 billion in a new funding round that could value the artificial intelligence company at about $1.4 trillion, Bloomberg News has reported. The fundraising talks are still at an early stage and the terms could change, according to people familiar with the matter cited by Bloomberg. The proposed funding round is expected to provide capital for OpenAI as an alternative to an initial public offering, with investor demand driving discussions, the report said.