OpenAI in advanced talks to raise $6.5 billion at a massive $150 billion valuation

OpenAI is reportedly in discussions to secure $6.5 billion in funding from investors, potentially driving its valuation to an astonishing $150 billion, according to sources familiar with the negotiations.

This new valuation—excluding the funds being raised—significantly surpasses the company's previous $86 billion valuation from an earlier stock sale this year, cementing OpenAI’s position as one of the most valuable startups globally.

Additionally, OpenAI is exploring the possibility of raising $5 billion in debt financing through a revolving credit facility with various banks, according to Bloomberg.

These discussions remain confidential, and all sources requested anonymity while sharing the details. The terms and figures are subject to change as talks progress.

Thrive Capital is expected to lead the upcoming funding round, as Bloomberg previously reported, with Microsoft, OpenAI’s largest backer, set to participate. Major tech players like Apple and Nvidia are also in discussions to join the investment round.

Founded in 2015, OpenAI has rapidly become a key player in the tech industry’s transition towards artificial intelligence. The company sparked a wave of investment following the launch of its revolutionary AI chatbot, ChatGPT, in 2022.

OpenAI's innovative tools, which can create high-quality images and generate human-like text from just a few inputs, have captivated both consumers and investors alike, fueling its meteoric rise.