OpenAI CFO: $120B funding raise in sight as IPO reports swirl [Yahoo! Finance]
T. Rowe Price Group, Inc. (TROW)
Last t. rowe price group, inc. earnings: 4/28 07:30 am
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Source: Yahoo! Finance
Dive Brief: OpenAI is on track to raise $120 billion in a funding round backed by a broad mix of investors, CFO Sarah Friar said Tuesday in a CNBC interview The effort has expanded to include investors such as T. Rowe Price, D.E. Shaw Ventures, TPG, and Abu Dhabi's MGX, Friar told CNBC's Jim Cramer, who called it “the most successful fundraising round in history.” “People really believed in this AI revolution and they wanted to put their money to work behind it,” Friar said. Dive Insight: The fundraising push comes amid reports that OpenAI is laying the groundwork to go public. The Wall Street Journal reported earlier this year that the company has held informal talks with banks and could target an initial public offering in late 2026. In a February blog post, OpenAI announced $110 billion in new funding at a $730 billion pre-money valuation, including commitments of $30 billion each from SoftBank and NVIDIA, and $50 billion from Amazon. The company said it also signed a
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TROW
Earnings
- 2/4/26 - Miss
TROW
Sec Filings
- 3/27/26 - Form SCHEDULE
- 3/27/26 - Form 24F-2NT
- 3/17/26 - Form DEFA14A
- TROW's page on the SEC website