AI Business & Industry

OpenAI Raises $10 Billion in Final Pre-IPO Round

CFO Sarah Friar confirms the new investment, valuing the artificial intelligence giant at a projected $850 billion.

By Kronos News Desk··1 min read
A professional and minimalist view of a modern tech office interior with glass walls and atmospheric lighting.

A professional and minimalist view of a modern tech office interior with glass walls and atmospheric lighting.

Photo: Kronos News

OpenAI has secured an additional $10 billion in its final private funding round before a potential public listing [1][2]. CFO Sarah Friar confirmed the investment, which brings the company’s total funding to more than $120 billion [1][2]. The latest capital injection values the artificial intelligence firm at a projected $850 billion [1][3]. Analysts suggest this round concludes private financing as the company prepares for a stock market listing later this year [1].

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Kronos News Desk covers ai business & industry and editorial analysis for Kronos News.