OpenAI in talks to raise funds at $150 billion valuation, Bloomberg News By Reuters reports

(Reuters) – AI heavyweight OpenAI is in talks to raise $6.5 billion at a $150 billion valuation, Bloomberg News reported on Wednesday.

The company is also in talks to raise $5 billion in debt from banks in the form of a revolving credit facility, the report said.

OpenAI did not immediately respond to a Reuters request for comment.