Similar Stories to Openai Is Now Valued At $157 Billion on Bing News

OpenAI, the company behind ChatGPT, has now raised $6.6 billion in a new funding round that values the company at $157 billion, nearly doubling its previous valuation of $86 billion, according to a report from The Wall Street Journal. The funding round comes with strings attached: Investors have the right to withdraw their money if OpenAI does not complete its planned conversion from a nonprofit (with a for-profit division) to a fully for-profit company. Venture capital firm Thrive Capital led the funding round with a $1.25 billion investment.

BING NEWS:
  • OpenAI is now worth more than 87% of S&P 500 companies. It faces a tough test ahead.
    OpenAI just became one of the highest-valued privately held companies with its latest funding round, but it has a lot to live up to, amid ever- increasing competition.
    10/2/2024 - 10:00 pm | View Link
  • OpenAI secures $6.6 bn funding, emerges as one of world's most valued firms
    OpenAI has raised $6.6 billion from key investors like Microsoft, Nvidia, and Thrive Capital. Tech giant Apple didn't participate in this round: Technology news ...
    10/2/2024 - 7:59 pm | View Link
  • Tech5: OpenAI valued at $157 billion in new funding; Samsung to lay off thousands; Microsoft ends HoloLens 2
    Reuters/Carlos Barri. OpenAI raises $6.6 billion at a valuation of $157 billion OpenAI has secured $6.6 billion in new funding, elevating its valu ...
    10/2/2024 - 6:04 pm | View Link
  • OpenAI, creator of ChatGPT, valued at $157 billion
    The announcement comes on the heels of a massive $6.6 billion in new funding and the resignation of several company executives in recent months ...
    10/2/2024 - 5:35 pm | View Link
  • OpenAI secures $6.6 billion in funding, now valued at $157 billion
    The round of funding saw Thrive Captial, Microsoft, NVIDIA, SoftBank, and others invest in the artificial intelligence company.
    10/2/2024 - 1:06 pm | View Link
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