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OpenAI seeks at least $30B at $1.4T pre-money valuation in bridge round, sources say

#openai#funding#valuation#bridge round

Bloomberg reports, citing people familiar with the matter, that OpenAI aims to raise at least $30 billion from investors at a pre-money valuation of around $1.4 trillion. The round is intended as a bridge round to provide capital in place of an IPO.

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  1. Techmeme
    Sources: OpenAI aims to raise at least $30B at a pre-money valuation of around $1.4T, meant to be a bridge round to provide it with capital in place of an IPO (Bloomberg)

    Bloomberg : Sources: OpenAI aims to raise at least $30B at a pre-money valuation of around $1.4T, meant to be a bridge round to provide it with capital in place of an IPO — OpenAI aims to raise at least $30 billion from investors in a new round of funding, according to people familiar with the matter …