Fresh off of raising $300 Million from investors in the Spring, OpenAI is now reportedly raising funds that would value them between $80 billion to $90 billion; up from the $29 Billion valuation they had back in April. That’s a nice bump in valuation, but if you’ve been following OpenAI and the AI industry as a whole you may agree with sky high valuations these days. That’s still pretty inflated if you ask me considering they are only expected to reach $1 billion in revenue by the end of 2023.
OpenAI is reportedly raising funds at a valuation of $80 billion to $90 billion