openai plans to raise another $6.5 billion, with a valuation of $150 billion
2024-09-13
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beijing, september 12 (xinhua) -- the u.s. open ai research center (openai) plans to raise about $6.5 billion in new funding, according to multiple foreign media reports. the company hopes to negotiate this round of financing at a valuation of $150 billion, nearly $70 billion more than nine months ago.
the new york times reported on the 11th that just last week, openai hoped to raise about $1 billion at a valuation of $100 billion. however, because the computing power required to build a large-scale artificial intelligence system will lead to greater expenses, the company recently decided to increase its financing amount.
on january 8, 2023, a woman experienced smart technology at the consumer electronics show in las vegas, the united states. xinhua news agency (photo by zeng hui)reuters reported that openai is in talks with investors to raise $6.5 billion and will raise an additional $5 billion from banks in the form of revolving debt.
according to the new york times, this round of financing was led by thrive capital; apple, nvidia and microsoft also participated in the negotiations.
the report said that once the above financing is completed, openai's valuation will exceed that of space exploration technologies corporation (spacex), which is led by the well-known american entrepreneur elon musk; its valuation will also be nearly twice the market value of intel corporation.
on july 25, openai released a prototype search engine called "search gpt", which aims to provide users with "fast and timely" answers and clear sources of information. at the time, american media commented that openai's involvement in search engines may impact google, which is the leader in similar products.
since openai released chatgpt in november 2022, investors in google's parent company alphabet have been concerned that openai could take away google's share of the search engine market. (bu xiaoming)
