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2d ago

OpenAI and DeepSeek Seek Significant Funding Ahead of Upcoming IPOs

Oct 6, 2026
AI Summary

OpenAI is in discussions to raise over $30 billion, aiming for a valuation of approximately $1.4 trillion. Meanwhile, DeepSeek is close to securing at least $12 billion in funding in preparation for its IPO next year.

  • OpenAI is negotiating with investors to raise at least $30 billion.
  • The company is targeting a valuation of around $1.4 trillion.
  • DeepSeek is nearing a deal to obtain at least $12 billion in funding.
  • DeepSeek plans to go public next year.
  • Jamie Dimon, CEO of JPMorganChase, commented on data centers and AI risks at an event in London.
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