OpenAI, an artificial intelligence company led by Sam Altman and strongly backed by Microsoft, is negotiating a new round of financing with a target valuation of up to $150 billion! This eye-catching valuation is mainly due to the huge response caused by its popular product ChatGPT in the market. The editor of Downcodes will take you to understand the details of OpenAI’s financing and the reasons behind it.
Recently, artificial intelligence giant OpenAI is undergoing a new round of financing negotiations, with a target valuation of US$150 billion.
According to Bloomberg, OpenAI hopes to raise $6.5 billion in funding from investors and plans to apply for a $5 billion revolving credit loan from banks.
That would make OpenAI's new valuation 74% higher than the $86 billion it received through a right of first refusal earlier this year.
The reason why OpenAI can achieve such a high valuation is mainly due to its popular chatbot ChatGPT. This product has caused great response in the market, making OpenAI quickly become an important player in the artificial intelligence industry. The company, led by Sam Altman and backed by tech giant Microsoft, has fueled Silicon Valley's renewed interest in artificial intelligence.
In addition, Forge Global Holdings, a market platform focused on private securities trading, recently included OpenAI in its "Private Seven Giants" list. These giant companies include Microsoft, Apple, Google parent company Alphabet, Tesla and other well-known companies.
Although OpenAI has not yet made a formal response to this financing plan, the market is full of expectations. As the main lead investor in this financing, Thrive Capital did not comment on this.
OpenAI is further consolidating its leadership position in the artificial intelligence industry through this financing, demonstrating its importance and influence in the global technology field.
Highlight:
? OpenAI is raising a round of financing with a target valuation of US$150 billion.
It plans to raise US$6.5 billion from investors and apply for a US$5 billion credit loan from banks.
OpenAI has quickly emerged as a leader in artificial intelligence due to the success of ChatGPT.
This financing will undoubtedly further boost OpenAI’s leading position in the field of artificial intelligence and herald the booming development of the artificial intelligence industry. Let us wait and see how OpenAI will use this huge investment in the future to continue to lead artificial intelligence technology innovation. The editor of Downcodes will continue to pay attention to the progress of the incident and bring you more follow-up reports.