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OpenAI to seek $30 billion in fresh funding at a valuation of $1.4 trillion amid growing AI risks debate

OpenAI to seek $30 billion in fresh funding at a valuation of $1.4 trillion amid growing AI risks debate

·Excerpt
OpenAI to seek $30 billion in fresh funding at a valuation of $1.4 trillion amid growing AI risks debate
Image: OpenAI seeks $30 billion in a new funding round(AFP/Pixabay)

A day after artificial intelligence (AI) company Anthropic warned potential investors about the growing risks of the technology in its IPO prospectus, rival OpenAI is now seeking $30 billion in a new funding round.What do we know about OpenAI's latest funding round?Bloomberg reported on Wednesday that as Sam Altman-led OpenAI moves closer to an IPO, the company is seeking a valuation of about $1.4 trillion, excluding the funds raised in the potential deal. The valuation could put OpenAI above longtime…

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