Menu

Search

  |   Business

Menu

  |   Business

Search

OpenAI Nears $100 Billion Funding Round at $850 Billion Valuation: Bloomberg Report

OpenAI Nears $100 Billion Funding Round at $850 Billion Valuation: Bloomberg Report. Source: Focal Foto, CC BY-SA 4.0, via Wikimedia Commons

OpenAI is reportedly close to completing the first phase of a massive new funding round expected to raise more than $100 billion, according to a Bloomberg report citing sources familiar with the matter. The deal could push the ChatGPT developer’s valuation to over $850 billion, reinforcing its position as the world’s most valuable startup and a dominant force in the artificial intelligence industry.

The report indicates that OpenAI’s pre-money valuation will remain around $730 billion, with the fresh capital significantly boosting its financial capacity. The funding round is seen as a critical step in supporting the company’s long-term AI infrastructure strategy, which could require trillions of dollars in investment over the next decade. As competition intensifies in generative AI, large-scale capital backing is becoming essential for companies building advanced AI models and data center networks.

Major technology players and Wall Street giants, including Microsoft (NASDAQ: MSFT), NVIDIA (NASDAQ: NVDA), and Amazon (NASDAQ: AMZN), have previously been linked to participation in the funding round. Their involvement would further strengthen OpenAI’s strategic partnerships across cloud computing, AI chips, and enterprise software.

The substantial capital injection is also expected to help offset the high costs associated with AI model training, research, and infrastructure expansion. Despite rapid revenue growth projections, OpenAI has remained unprofitable due to the enormous expenses required to develop and scale cutting-edge artificial intelligence systems. Analysts expect the company to continue operating at a loss until at least 2029, even as revenues accelerate sharply in the coming years.

In addition, OpenAI is reportedly preparing for a potential initial public offering (IPO) as early as late 2026. A successful IPO, combined with this record-breaking funding round, could further solidify OpenAI’s leadership in the global AI market and reshape the competitive landscape of artificial intelligence innovation.

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.