Sharjah:OpenAI has successfully secured $11 billion in new funding during an investment round. The investment values the company at $1.25 trillion, as reported by investment sources.
According to Sharjah 24, the $11 billion raised is part of OpenAI's larger fundraising goal, which aims to reach up to $30 billion. The current valuation represents a decrease from the $1.5 trillion the company initially sought.
SoftBank and MGX participated in this latest funding round, contributing to the significant investment in OpenAI.