OpenAI is seeking up to $100 billion in new funding that could value the artificial intelligence startup at $830 billion, according to a report from The Wall Street Journal. The effort marks one of the most ambitious fundraising drives in tech history.
The company aims to finalize the funding by the end of the first quarter at the earliest. Details remain subject to change, and investor interest is uncertain.
The $830 billion valuation surges from discussions just days earlier at $750 billion. It also represents a 66% jump from OpenAI’s $500 billion valuation reached in October after a secondary share sale.
This rapid appreciation underscores intense investor appetite for AI technology alongside concerns about an industry bubble. Big Tech companies have accumulated nearly $250 billion in debt this year to fund AI infrastructure.
