Funding round
Technology
OpenAI reportedly closes roughly $11 billion funding tranche at $1.25 trillion valuation
Stockwhiz
7 views
OpenAI has reportedly received roughly $11 billion in the first portion of a funding round that could reach $20 billion, after scaling back its fundraising ambitions. Accounts differ on whether the money represents cash received or commitments, and the valuation basis remains unclear.
- Company
- OpenAI
- Industry
- Technology
- Funding amount
- roughly $11 billion
- VCs & investors
- Investors from the United Arab Emirates, Coatue
Get started
Create a free account to read the full story.