OpenAI Secured $11 Billion, Targets $9 Billion More In Fundraising

T1Covered by 1 source · first reported by The Information (teasers) at 06 Nov, 21:57 UTC

OpenAI has closed the first part of its latest fundraising round, raising $11 billion at a $1.25 trillion valuation before the investment, Bloomberg reported on Friday. In total, the company is looking to raise $20 billion in this round. It will finalize the rest of its fundraising in the coming ...