OpenAI Plans Major Funding Round to Boost Valuation

According to Foresight News, OpenAI is reportedly preparing for a new funding round aiming to raise up to $100 billion. If successful, this could elevate the company's valuation to $830 billion, potentially by the first quarter of next year. Sources indicate that SoftBank has committed $30 billion and plans to sell Nvidia shares to raise funds. Disney and sovereign wealth funds are also expected to participate in this financing effort.