OpenAI's funding is expected to surpass $100 billion — Bloomberg

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Investing.com — According to Bloomberg on Thursday, citing sources familiar with the matter, OpenAI is about to complete the first phase of a new funding round, with the total amount expected to exceed $100 billion.

Bloomberg reports that the latest funding round could value this ChatGPT manufacturer at over $850 billion. The report notes that OpenAI’s valuation before this funding will remain around $730 billion.

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This record-breaking funding comes as the company prepares to invest trillions of dollars over the next decade to build its AI infrastructure.

Earlier reports indicated that several Wall Street giants, including Microsoft (NASDAQ: MSFT), Nvidia (NASDAQ: NVDA), and Amazon (NASDAQ: AMZN), will participate in this round of funding.

The infusion of funds is also expected to help OpenAI cover the huge costs associated with training and developing AI models—costs that have kept the company in the red in recent years.

As the world’s most highly valued startup, OpenAI is expected to reach profitability no earlier than 2029, though the company’s revenue growth is projected to increase significantly in the coming years.

Recent reports suggest that this startup may conduct its initial public offering as early as the end of 2026.

This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.

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