OpenAI Seeks $30 Billion at $1.4 Trillion Valuation
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Bloomberg has learned OpenAI aims to raise at least $30 billion from investors in a new round of funding, after the artificial intelligence startup pushed back its plans for an initial public offering. Sources say the company is seeking a valuation of around $1.4 trillion, not including the money raised. President Donald Trump endorsed using outside auditors to assess the safety of artificial intelligence systems through an accord with Silicon Valley leaders that seeks to sidestep new government rules in addressing a groundswell of concern over AI risks. UK Prime Minister Andy Burnham said he could campaign to take Britain back into the European Union at the next general election, reopening the country’s debate on its relationship with the continent a decade on from the Brexit vote. Today's guests: Wei Li, BlackRock Global Chief Investment Strategist; Vincent Policard, KKR Co-Head of European Infrastructure; Luigi Lovaglio, Banca Monte dei Paschi di Siena CEO -- "The Pulse With Fr
Tags: AI, AI stocks, Alternative Investments, Andy Burnham, Audit, Brexit, Brussels, Caroline Hepker, EU application, Francine Lacqua, IPO, KKR, Lithuania, Luigi Lovaglio, Midterms, OpenAI, OpenAI Inc, Private Equity, Rejoin EU, Sam Altman
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