OpenAI could reach a $150 billion valuation with Apple and Nvidia backing

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OpenAI is seeking to raise $6.5 billion in a new funding round that could boost the company’s valuation to $150 billion, Bloomberg reported Wednesday, citing sources familiar with the situation. The investment would include Thrive Capital, Microsoft, Apple and Nvidia.

OpenAI is also exploring a $5 billion debt facility, Bloomberg noted. The new valuation would represent a boost from the previous valuation of $86 billion. The investment is expected to support OpenAI’s operations, including computing power and other expenses.

OpenAI’s valuation would make it the most valuable private venture-backed company in the US after SpaceX, according to Crunchbase, and would exceed the initial market capitalization of almost all US venture-backed startups that have gone public except Meta (formerly Facebook).

The artificial intelligence startup, well-known for developing advanced AI models, including the GPT series, has raised about $13.5 billion in 11 funding rounds.

Microsoft has been the largest investor in OpenAI to date, with around $13 billion invested. Nvidia’s potential involvement would mean a major collaboration, given its role as a chipmaker critical to AI development.

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