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Sources: OpenAI nears a deal to raise ~$10B from Abu Dhabi's MGX, Coatue, and Thrive, bringing its latest funding round to ~$120B at a $730B valuation

OpenAI is nearing a deal to raise about $10 billion from venture investors, according to people familiar with the matter …

Bloomberg

Discussion

  • @edzitron.com Ed Zitron on bluesky
    “total haul” doesn't make sense here, because softbank hasn't sent anything (and is paying in $10bn chunks), NVIDIA has yet to say it's sent anything, and Amazon only sent $15bn of the $50bn, the rest contingent on IPO/AGI.  No need to mention this for some reason i guess [embedd…