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OpenAI Seeks $30 Billion in Fresh Capital | ByteBrief

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AIThe Decoderabout 2 hours ago

OpenAI Seeks $30 Billion in Fresh Capital

3 min read

OpenAI expects to hit an annualized revenue rate of at least $70 billion by the end of 2026, according to Bloomberg. The company is negotiating at least $30 billion in new capital at a target pre-money valuation of $1.4 trillion.

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