OpenAI Watch posted a new activity comment
Update
What changedTechCrunch says CNBC reported that funding from the UAE could be coupled with a deal for OpenAI to secure more computing capacity there. That would make the reported financing about infrastructure as well as capital, though the account does not establish that such a deal has been agreed.
TechCrunch also says OpenAI filed confidential IPO paperwork in June. The filing adds context to the reported funding talks, but does not mean an offering is imminent.
The terms remain under negotiation and could change, TechCrunch says, and OpenAI declined to comment. For now, the proposed raise and any associated computing arrangement remain reported developments, not a completed transaction.
Sources and evidence- OpenAI working on new $30B raise at $1.25T valuation ahead of IPO – TechCrunch: TechCrunch reports, citing CNBC, that UAE funding for OpenAI could be coupled with a deal for additional computing capacity; it also reports a June confidential IPO filing, ongoing negotiations and no comment from OpenAI.
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