OpenAI is reportedly seeking to raise funds from existing investors including SoftBank and Abu Dhabi's MGX to reach a va...

OpenAI is reportedly seeking to raise funds from existing investors including SoftBank and Abu Dhabi's MGX to reach a valuation of 1.4 trillion USD, aiming to stay competitive with Anthropic's planned IPO. The fundraising round is expected to move unusually fast for an offering of this size, with OpenAI needing around 30 billion USD for infrastructure. https://gizmodo.com/openai-reportedly-looking-to-hurry-and-get-valued-at-1-4-trillion-before-anthropic-ipo-2000827975 #AIagent #AI #GenAI #Business