OpenAI, the AI giant behind ChatGPT, is reportedly in talks to raise $6.5 billion from investors at a staggering $150 billion valuation, according to Bloomberg News. This would mark a significant 74% increase from its $86 billion valuation in a tender offer earlier this year. In addition to equity, the company is also seeking $5 billion in debt through a revolving credit facility from banks.
This move would further cement OpenAI’s position as one of the largest startups globally, fueled by the widespread success of ChatGPT. Backed by Microsoft and led by Sam Altman, OpenAI has reignited Silicon Valley’s interest in artificial intelligence. While OpenAI and potential lead investor Thrive Capital have yet to comment on the news, the company’s rapid growth highlights its dominance in the AI space.
