OpenAI is reported to be in fundraising discussions targeting $6.5 billion at a $150 billion pre-money valuation, up from an $86 billion valuation earlier in 2024. The round would be led by Thrive Capital with participation from Microsoft, Apple, and Nvidia. Bloomberg also reports OpenAI separately pursuing $5 billion in debt financing. This signals continued access to capital at structurally higher valuations, reflecting investor confidence in the near-term revenue trajectory and/or equity premium for frontier-model control, though the reported increase in debt seeking may indicate operating cash flow constraints relative to capex plans.
286 other tracked developments touching the same claims.