OpenAI Nears $100 Billion Funding Round Completion

OpenAI is close to finalizing the first phase of a new funding round, which is expected to exceed $100 billion, according to sources cited by Bloomberg tech journalist Ed Ludlow. This funding round could push OpenAI’s overall valuation beyond $850 billion. Strategic investors, including Amazon, SoftBank, Nvidia, and Microsoft, are reportedly the primary contributors to this initial phase.