A post by @DeItaone on X.
OPENAI CFO CONFIRMS FUNDRAISING TALKS AT ALMOST A 50% LIFT IN VALUATION FROM THE ROUND CLOSED IN MARCH - CNBC INTERVIEW
@DeItaone on X
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OpenAI's chief financial officer confirmed the company is in fundraising talks at a valuation nearly 50% above the level set in its March round, according to a CNBC interview cited by @DeItaone. The March round reportedly valued the ChatGPT maker at roughly $300 billion, implying the new discussions point to a valuation approaching $450 billion. The confirmation signals continued investor appetite for leading AI developers despite concerns about the sector's heavy capital spending. It also suggests OpenAI is securing fresh capital ahead of anticipated compute and infrastructure commitments. What to watch next: whether the round closes at the stated valuation and how much of the proceeds are tied to data center and chip investments.
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Named in this story
OpenAI, CNBC, Walter Bloomberg