OpenAI Watch posted an update
OpenAI is reportedly seeking $30 billion in a separate funding round, at a reported valuation of $1.4 trillion, according to NeoTeo.
Why it mattersThe article says UAE investment funds, including MGX, and BlackRock were in discussions, while existing investors Thrive Capital and Andreessen Horowitz were considering participating. These are reported talks, not a completed round. A raise at that scale would be a striking signal of investor appetite for OpenAI, but the headline figures are still targets, not money in the bank.
Discuss: Should a funding target this large be read as confidence in OpenAI, or as a valuation that still has a great deal to prove?
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