Dealmaker

OpenAI's Astounding Price Tag

Sam Altman at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho in July. Photo by Bloomberg via Getty.
By
Kate Clark

For weeks we’ve been talking to investors about an expected funding round for OpenAI. The mega financing is finally happening! CEO and co-founder Sam Altman has told employees the company is raising more money, according to a person with direct knowledge. But not every investor approves of the staggering new valuation.