OpenAI, the company behind the popular generative artificial intelligence (AI) tool ChatGPT, has raised an additional $6.6 billion in new funding, which gives the tech giant a $157 billion valuation. Reuters reports that Thrive Capital led this funding round with a $1.3 billion investment. Thrive also negotiated the option to invest an additional $1 billion next year if the ChatGPT maker meets certain revenue goals.

BING NEWS:
  • OpenAI raises $6.6 billion in funds at $157 billion valuation
    OpenAI has completed a deal to raise $6.6 billion in new funding, giving the artificial intelligence company a $157 billion valuation and bolstering its efforts to build the world's leading generative AI technology.
    10/3/2024 - 9:58 am | View Link
  • OpenAI’s Altman Concentrates Power on Path to $157 Billion Valuation
    On Wednesday, OpenAI closed one of the largest fundraising rounds in history, valuing the company at $157 billion, up from $86 billion a little more than six months ago. But as OpenAI races to build a large,
    10/3/2024 - 5:34 am | View Link
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