OpenAI's $6.5B Funding Oversubscribed with Major Investors

According to informed sources, OpenAI is nearing the final stages of its latest funding round, with potential investors set to learn shortly whether they will participate in this significant deal.

The new round, totaling $6.5 billion, has reportedly seen oversubscription, indicating that investor interest exceeds the amount OpenAI is willing to accept. Demand has surged by several billion dollars, prompting some investors to be informed about their participation status.

Notably, several strategic investors, including OpenAI’s major supporter Microsoft, along with new entrants Nvidia and Apple, are expected to be involved.

This funding round could elevate OpenAI's valuation to $150 billion, not accounting for the new investments. The company's valuation stood at $86 billion after its last funding round.

However, at least one prominent existing investor, Sequoia Capital, has opted not to participate. Sequoia recently invested in an AI competitor, Safe Superintelligence, founded by OpenAI co-founder Ilya Sutskever, who left the company earlier this year.

Additionally, current investor Thrive Capital is set to lead this round with a commitment of $1.25 billion.