OpenAI is reportedly nearing completion of a massive funding round worth $5 billion to $7 billion, potentially valuing the company at $150 billion. Sources say OpenAI has set a minimum investment of $250 million. Thrive Capital is leading the round with a $1 billion commitment. Microsoft, Nvidia, and Apple are in talks to invest a combined $2 billion to $3 billion. Tiger Global Management and Abu Dhabi's AI investment fund MGX are also negotiating potential stakes. The high minimum investment limits the pool of possible investors. OpenAI is also considering switching to a for-profit structure, similar to rival Anthropic. Currently, investors like Microsoft receive profit-sharing agreements rather than traditional equity.
Ad
Support our independent, free-access reporting. Any contribution helps and secures our future. Support now:
Sources
News, tests and reports about VR, AR and MIXED Reality.
To the moon with Meta Quest 3: NASA trains in Virtual Reality for Artemis missions
Meta Quest Charts: A major VR release struggles to break into Top 10
Learn to dance salsa on Meta Quest with this mixed reality app — we're giving away free keys
MIXED-NEWS.com
Join our community
Join the DECODER community on Discord, Reddit or Twitter - we can't wait to meet you.