OpenAI Secures $6.6 Billion Funding, Reaching $157 Billion Valuation

Reported 3 months ago

OpenAI has successfully raised $6.6 billion in funding, elevating its valuation to $157 billion, as it continues to advance its artificial intelligence technology. The substantial investment round was led by Thrive Capital, with major contributions from Microsoft and various other investors. OpenAI plans to utilize this funding to enhance its AI research and boost computing capacity, aiming to further solidify its position in the competitive AI landscape.

Source: YAHOO

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