OpenAI Secures Massive Funding: $10 Billion and Counting

As ChatGPT developer OpenAI moves to secure massive funding, the scale and participating companies are being revealed one by one. The total amount of funds that OpenAI is seeking to secure, including investment and loans, is over $10 billion.

In addition to attracting investment, OpenAI is also considering a $5 billion loan from a bank. This would bring the total to $11.5 billion, including the $6.5 billion in funding already raised, with a market value of approximately $150 billion.

The participants in OpenAI’s $6.5 billion funding round are also taking shape. In addition to Microsoft, which has invested $13 billion in partnership with OpenAI since 2019, Apple and Nvidia are also reportedly seeking to participate in this funding round led by venture capital firm Thrive Capital.

Tiger Global, a venture capital firm and a big player in the startup industry, is also considering participating. Headquartered in New York, Tiger Global has been investing heavily in tech startups for more than 15 years, including making huge profits from pre-IPO investments in Facebook and LinkedIn.

Khosla Ventures, a venture capital firm and an early investor in OpenAI, will also participate in this funding. Khosla Ventures is an investment firm founded in 2004 by Vinod Khosla, co-founder of Sun Microsystems.

Thrive Capital, which is leading this funding, is said to be considering investing $1 billion in OpenAI. Nvidia is in talks to invest $100 million. The size of the investment by Microsoft, Apple, and other venture capitalists is unknown.