OpenAI nears up to $30 billion funding round at $1.25 trillion valuation led by UAE investors

OpenAI is in advanced stages of completing a funding round led by investors from the United Arab Emirates, according to CNBC. The round values the company at $1.25 trillion and could total up to $30 billion, according to the reporting. OpenAI has stated it plans to pursue an initial public offering in 2027.

• CNBC — OpenAI nears up to $30 billion funding round at $1.25 trillion valuation led by UAE investors

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