OpenAI in talks to raise funding that would value it at more than $100 billion

CNBC August 28, 2024
Kate Rooney, Hayden Field

Key Points

– OpenAI is in talks to raise a funding round that would value the artificial intelligence startup at more than $100 billion, CNBC has learned.

– Thrive Capital would lead the round and would invest $1 billion, according to a source familiar with the situation.

OpenAI is in talks to raise a funding round that would value the artificial intelligence startup at more than $100 billion, CNBC has learned.

Thrive Capital is leading the round and will invest $1 billion, according to a source with knowledge of the matter who asked not to be named because the details are confidential.

Earlier this year, OpenAI was valued at a reported $80 billion from $29 billion the prior year. Annualized...

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