The Kobeissi Letter(@KobeissiLetter):BREAKING: OpenAI is closing in on a funding round that would raise up to $30 billion and value the company at $1.25 trillion, per CNBC. Investors from the United Arab Emirates are leading the round alongside Coatue, and is being framed as an "opportunistic" bridge ahead of a potential IPO.

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The Kobeissi Letter@KobeissiLetter

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BREAKING: OpenAI is closing in on a funding round that would raise up to $30 billion and value the company at $1.25 trillion, per CNBC. Investors from the United Arab Emirates are leading the round alongside Coatue, and is being framed as an "opportunistic" bridge ahead of a potential IPO.