Market Chatter: OpenAI Aiming to Raise Up to $100 Billion in New Fundraising Round

MT Newswires Live12-19 17:24

Microsoft-backed (MSFT) OpenAI aims to raise up to $100 billion in a new fundraising round that could value the artificial intelligence firm at as much as $830 billion, The Wall Street Journal reported Thursday, citing people familiar with the matter.

The ChatGPT maker plans to complete the round by the end of Q1 2026 at the earliest, the unnamed sources told the publication.

Microsoft has invested billions of dollars into OpenAI.

The company didn't immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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