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Rohan Paul· @rohanpaul_ai · X· · Original publication time AI score59

Bloomberg reports OpenAI closed the first $11 billion tranche of a new funding roundMachine translation

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Bloomberg reports that the payment is the first tranche of a round valuing OpenAI at $1.25 trillion. Investors had reportedly wired the money, with the remainder expected within weeks; the round could total up to $20 billion.

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ReplyRohan Paul@rohanpaul_ai
Bloomberg: OpenAI closed $11B in a new funding, the first tranche of a round valuing it at $1.25T. Investors had wired the cash today, and the rest, up to $20B in total, should follow within weeks. https://t.co/mXYhK0NxFV
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