OpenAI Investors Approach Company About New Funding Round, CNBC Reports
Report says investors have reached out to OpenAI as the AI company prepares for a widely anticipated initial public offering next year.
Investors have approached OpenAI about a new funding round, according to a report from CNBC published Tuesday.
The report said the outreach comes as OpenAI is preparing for what is widely expected to be a major initial public offering next year. CNBC noted that OpenAI confidentially filed its IPO prospectus in June.
Details about the size, valuation, or specific investors involved in the potential new funding round were not disclosed in the report. CNBC did not specify which investors made the approach or when discussions began.
OpenAI, the developer of ChatGPT and other artificial intelligence products, has raised significant capital in recent years as it has grown into one of the most closely watched companies in the technology sector. The company has not publicly commented on the report.
This is a developing story and further details may emerge as OpenAI moves toward its anticipated public listing.
Sources
- OpenAI investors have approached the company about a new funding round — CNBC — Top News
EGazette summarizes reporting from multiple sources; follow the links for the originals.
Related articles
Anthropic, Google, OpenAI and xAI Named in Lawsuit Alleging Effort to Slow AI Development
A law firm says it is representing plaintiffs in a legal action against several major artificial intelligence companies, according to a report by Russian news agency TASS.
OpenAI Reportedly Seeks $1.2 Trillion Valuation Amid Projected $278 Billion Cash Burn Through 2030
Financial Times report cited by Anadolu Agency says OpenAI expects tenfold revenue growth even as computing costs far exceed income
Dangote Refinery's $1.6 Billion Share Offer Seen as Out of Reach for Many Nigerians
Africa's richest man, Aliko Dangote, is seeking $1.6 billion from investors to fund a major expansion of his oil refinery, but analysts say the offer may be unaffordable for ordinary Nigerians.
Bessent, China's He Lifeng Set for Talks on AI, Trade and Critical Minerals
U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are expected to discuss artificial intelligence, trade and critical minerals, Reuters reported.
Guardian Column Urges US-China Cooperation on AI Amid Warnings Over Pace of Development
Australian scientist Alan Finkel argues that unregulated competition between AI firms and between Washington and Beijing could threaten global stability, calling for coordinated oversight.
Trump Says US Will Create an ‘AI Force’ Modeled on Space Force
The US president did not specify whether the initiative would involve establishing a new branch of the armed forces, according to TASS.
Comments
Loading comments…