
The new round is anticipated to be the company's last before its delayed 2027 public debut.
OpenAI is in talks to raise at least $30 billion at a valuation of roughly $1.4 trillion, according to Bloomberg. This funding round would serve as a bridge to the company's anticipated public market debut, which CEO Sam Altman has delayed to prioritize AI safety. The company's run-rate revenue has jumped 70% since July, reaching $40 billion in August, making investors eager to fund the ChatGPT maker before its IPO.

Satlyt wants to be the Android of orbital computing, offering open software that works on many companies' satellites, versus SpaceX's closed, all-in-one iPhone-style approach.

Flow Engineering, which is bringing AI agents to hardware design, also landed Roelof Botha as an angel investor and board member.

The $300 million employee tender was co-led by Wellington and T. Rowe Price.
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