OpenAI Investors Propose New Funding Round, but Company Not Engaged in Formal Talks
Multiple sources told CNBC that OpenAI investors have approached the company with proposals for a new funding round. However, no formal discussions are currently underway, according to those familiar with the matter. Some investors reportedly floated a $1.2 trillion valuation and suggested the potential raise could allow employees to sell stock. OpenAI raised $122 billion in March at an $852 billion valuation and completed a secondary share sale of about $7 billion in August, enabling employee liquidity. CFO Sarah Friar stated that OpenAI has
Topics: funding round investors OpenAI valuation