OpenAI Seeks $30 Billion at $1.4 Trillion Valuation

Bloomberg Television2 hours ago48:10

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 Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Chapters: 00:00:00 - The Pulse with Francine Lacqua 00:00:42 - OpenAI targets $30 billion funding at $1.4 trillion value 00:02:09 - Trump rejects need for new AI safety laws 00:02:49 - Trump hits trail to persuade anxious voters 00:06:00 - Wei Li, BlackRock Global Chief Investment Strategist 00:15:39 - Vincent Policard, KKR Co-Head of European Infrastructure 00:23:18 - Wednesday headlines 00:24:10 - Luigi Lovaglio, Banca Monte dei Paschi di Siena CEO 00:36:04 - French inflation quickens to highest in more than two years 00:39:20 - Lithuania PM: Ready to pay for US troops presence 00:39:58 - Burnham raises prospects of UK rejoining the EU -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

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