OpenAI seeks $30B bridge funding ahead of IPO

OpenAI is in advanced talks for a $30 billion funding round, aiming to bolster its valuation before going public.

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  • OpenAI is negotiating a $30 billion funding round to enhance its valuation to $1.25 trillion.
  • UAE investors are leading the funding discussions, with U.S. firm Coatue also participating.
  • This funding is seen as a temporary measure while OpenAI prepares for its upcoming IPO.

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