1. Funding and Valuation
2. Interest of Tech Giants
3. Growth and Future Plans

AI startup OpenAI is in advanced talks to secure $6.5 billion in funding, which would increase its valuation to $150 billion, Bloomberg reports.

Funding and Valuation

According to Bloomberg, the $150 billion valuation does not include the funds being raised. The company is also seeking an additional $5 billion in the form of a revolving credit facility.

Interest of Tech Giants

Thrive Capital is leading the round with $1 billion in funding. Nvidia, Apple, and Microsoft are among the interested investors. Microsoft has invested $13 billion in OpenAI since 2019 and already owns 49% of it.

Growth and Future Plans

As of May, OpenAI's annualized sales were roughly $3.4 billion. The number of users across ChatGPT Enterprise, Teams, and Edu has surpassed 1 million. The company plans to introduce new premium subscription models, costing up to $2,000 per month for its large language models, including 'Strawberry' and 'Orion'.

AI startups continue to attract significant investments. Former OpenAI chief scientist Ilya Sutskever has raised $1 billion for a new AI startup focused on developing safe AI.