A post by @FirstSquawk on X.
OPENAI CFO CONFIRMS FUNDRAISING TALKS AT ALMOST A 50% LIFT IN VALUATION FROM THE ROUND CLOSED IN MARCH - CNBC
@FirstSquawk 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 CNBC. The disclosure signals the AI developer is seeking a sharply higher price just months after its prior raise, underscoring continued investor appetite for leading artificial-intelligence assets. No specific dollar figures for the new valuation or the amount being raised were given in the initial report. The talks matter as a gauge of private-market demand for AI exposure and could set a benchmark for other large model developers seeking capital. What to watch next is confirmation of the target valuation and raise size, plus which investors participate and whether terms are finalized.
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OpenAI, CNBC