OpenAI $5-7 Billion Funding Round to Close, Valuation Expected to Top $150 Billion

Tech media outlet The Decoder published a blog post yesterday, September 20, reporting that OpenAI companyClose of a round worth $5 billion to $7 billion(currently approximately RMB 35,276 million to RMB 49,386 million).Financing,The company is expected to be valued at $150 billion (currently around 1.06 trillion yuan).

Sources say OpenAI has set a minimum investment of $250 million (currently about 1.764 billion yuan) in the funding round.

The financing is led by Thrive Capital, which has committed to invest $1 billion (currently about 7.055 billion yuan), and IT Home has attached the other participating companies as follows:

  • Microsoft, NVIDIA and Apple are also in talks to invest a total of between $2 billion and $3 billion (currently around Rs. 14.11 billion to Rs. 21.166 billion)
  • Tiger Global Management and Abu Dhabi-based AI investment fund MGX have also joined talks to take a stake in the company

Microsoft is already the largest investor in OpenAI, with a stake of around $13 billion (currently around Rs 92,714 million). Apple also already has ties to OpenAI, as the former is integrating ChatGPT into its new suite of AI features, Apple Intelligence. However, Apple had planned to take an observer seat on OpenAI's board of directors alongside Microsoft, but that plan was canceled in July.

OpenAI $5-7 Billion Funding Round to Close, Valuation Expected to Top $150 Billion

Currently, investors such as Microsoft receive profit-sharing agreements rather than traditional equity.

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