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OpenAI's Annualized Revenue Nears $50B, Below the Reported $70B; Nasdaq Falls 1.25%
Why it matters: OpenAI told investors its annualized revenue was "approaching $50 billion," $20 billion below …
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Broadcom Arranges $50B+ Financing for OpenAI Custom Chips; Oracle and SpaceX Also Seek Chip Debt
…om chip it is developing with OpenAI; per the WSJ, cloud providers have already issued hundreds of billions in…
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OpenAI in Talks for $30B Round at $1.4T Valuation, With UAE Funds and BlackRock Circling
… on the evening of October 5: OpenAI is in talks with multiple UAE funds including Abu Dhabi-based MGX to anch…
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OpenAI in Talks to Raise $30B at $1.4T Valuation: A Bridge Round After the IPO Delay
Per Bloomberg (9/29), OpenAI is in talks to raise at least $30B at a ~$1.4T valuation — a bridge round after t…
