According to people familiar with the matter, OpenAI is set to secure approximately $10 billion in new funding from investors, which will elevate the company's valuation to $850 billion. This news confirms an earlier report by Bloomberg News. The investor lineup includes Abu Dhabi's MGX, Coatue, and Thrive Capital, with Altimeter Capital also expected to join. The deal is expected to be finalized next week, at which point the total amount raised in OpenAI's latest funding round will reach approximately $12 billion.
