OpenAI has completed a massive financing.

OpenAI has completed a $15 billion latest round of private financing, with a pre-money valuation reaching $1.25 trillion, preparing for a potential IPO in 2027. The company's revenue in the third quarter of 2026 was $10 billion, a year-on-year increase of nearly 50%, but it had an operating loss of $10.9 billion in the same period. This financing is considered opportunistic and has not yet officially ended, with completion expected in the coming weeks. Previously, Huang Renxun had publicly criticized OpenAI's CFO, Kris, questioning the company's provision of tens of billions of dollars in financing guarantees to companies unable to afford chips, worrying that the investment exceeded a reasonable range.

AI-written from the reports · Updated 2 days ago

1. 13 Nov, 11:45 · 1 reports
   NVIDIA's former CEO Huang Renxun harshly criticized NVIDIA's new interim CEO Cres
   ITHome · AI：NVIDIA's Huang Renxun criticized the interim CEO Cres as a 'CFO who only knows how to report expenses'
2. 13 Nov, 07:04 · 2 reports
   OpenAI raises $15 billion
   ITHome · AI：

Showing the latest 1 of 3 reports.

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