OpenAI is targeting a valuation of $150 billion as it tries to raise at least $5 billion, according to the Financial Times,

OpenAI is seeking to raise $6.5 billion from investors at a $150 billion pre-money valuation, Bloomberg reported today.

OpenAI is aiming to raise at least $5bn at a valuation of $150bn from investors including Apple, Nvidia, Microsoft and Thrive Capital, in a deal that could almost double the artificial intelligence start-up’s valuation.