OpenAI has confirmed a valuation of $110 billion, positioning itself to potentially conduct the largest IPO in US tech history. While the company has yet to file for an IPO, backing from major investors, including Microsoft’s significant commitment of around $13 billion, underscores its strong market position. Recent funding rounds have seen investments of $30 billion each from SoftBank and NVIDIA, plus $50 billion from Amazon, with additional contributors expected. This influx of capital surpasses historic IPO valuations, placing OpenAI among tech giants. For context, Meta Platforms debuted at about $104 billion, while Alibaba’s IPO was valued at $168 billion. OpenAI’s valuation of $730 billion would distinguish it further in the market, underlining significant investor confidence in cutting-edge AI technology. As of now, OpenAI has not announced a potential IPO date or price range, which will become available in a formal filing.
Source link
Share
Read more