Overview
- OpenAI raised another $10 billion, taking its private round above $120 billion, CFO Sarah Friar told CNBC.
- Microsoft is joining this tranche with Andreessen Horowitz, D. E. Shaw Ventures, MGX, TPG and T. Rowe Price.
- Earlier commitments included $50 billion from Amazon plus $30 billion each from Nvidia and SoftBank, paired with an AWS expansion plan of $100 billion over eight years.
- The company says this is likely its final private raise before a potential IPO, with proceeds aimed at compute, data centers, chips and talent.
- The Information reports a projected post-money value near $850 billion, pending final terms.