OpenAI has held funding talks with investors to raise tens of billions of dollars at a valuation of $750 billion, according to a report in the Information.
The tech news website said Wednesday that the discussions were preliminary and the details could still change. OpenAI declined to comment on the report.
OpenAI has raised billions in recent years at ever-larger valuations, including initial talks this month with Amazon.com Inc. for a $10 billion investment. The startup, which is not yet profitable, is currently the biggest name in the resource-hungry field of artificial intelligence. It has plans to spend trillions on infrastructure to support the development of the technology.
The ChatGPT maker was most recently valued at $500 billion this fall in a deal that allowed some employees to sell shares.
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