Bret Taylor’s AI Firm to Get Funds at Near-$1 Billion Value

OpenAI Chairman Bret Taylor is reportedly close to securing new investment for Sierra, an AI startup he co-founded last year, which could value the company at nearly $1 billion. Sequoia Capital is expected to lead the $85 million investment round, according to an anonymous source.

Taylor, a former Salesforce co-CEO and current OpenAI board member, founded Sierra with a former Google colleague. The enterprise-focused AI startup declined to comment on the potential deal, as did Sequoia Capital.

Key takeaways

OpenAI Chairman Bret Taylor is close to finalizing new investment for Sierra, an AI startup he co-founded.
Sequoia Capital is expected to lead an $85 million investment in Sierra.
The deal would value the company at almost $1 billion.
Taylor is a former Salesforce co-CEO and an OpenAI board member.

Bret Taylor’s AI Firm to Get Funds at Near-$1 Billion Value

Key takeaways

Discussion (0)