OpenAI secures $6.6 billion in historic venture capital funding to advance AI research
OpenAI has secured $6.6 billion in one of the largest venture capital funding rounds in US history, led by Thrive Capital and including major investments from Microsoft, Nvidia, and SoftBank. With this funding,
OpenAI secures record-breaking $6.6 billion in funding, now valued at $157 billion
In a landmark deal, OpenAI has raised $6.6 billion in new funding, sending its valuation soaring to an astounding $157 billion. This investment round is one
OpenAI secures $4 billion credit line after big funding round
OpenAI has secured a new $4 billion revolving credit line, the ChatGPT maker said on Thursday, a day after it closed a $6.6 billion funding round that cemented its position as one of the most valuable private companies in the world.
OpenAI Gets $4 Billion in Credit on Top of $6.6 Billion Fundraise
OpenAI has tapped global banks for a $4 billion revolving line of credit on top of its recent $6.6 billion fundraising, building a massive war chest to stay ahead in the costly race to develop more sophisticated artificial intelligence.
OpenAI's latest funding round could be a bargain or a bust for investors
If OpenAI were to IPO tomorrow at its $157 billion valuation, it would be the second-largest American IPO by initial valuation.
OpenAI gets that bag with a $6.6 billion funding round
Thanks to $6.6 billion in funding from the likes of Microsoft and Nvidia with a $157 billion valuation, OpenAI is now one of the wealthiest private enterprises on the planet.The Latest Tech News, Deli
OpenAI also secured a massive credit line
In addition to OpenAI’s new $6.6 billion megaround of funding at a post-money valuation of $157 billion, the outfit has secured a $4 billion revolving line of credit, it disclosed in a post Thursday night.
OpenAI Now Valued at $157B After Latest Funding Round
Artificial intelligence giant OpenAI has raised $6.6 billion in new funding at a $157 billion valuation—more than the market caps of companies like Uber Technologies and Lowe's.
OpenAI Raises $6.6 Billion in Funds at $157 Billion Value
OpenAI has completed a deal to raise $6.6 billion in new funding, giving the artificial intelligence company a $157 billion ...
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ChatGPT Maker OpenAI Raises $6.6 Billion in Fresh Funding as It Moves Away From Its Nonprofit Roots
OpenAI secures massive $6.6 billion funding round, signaling a shift towards a for-profit model and intensifying AI ...
OpenAI Announces $6.6 Billion in Funding, Nearly Doubling Valuation to $157 Billion
OpenAI raised $6.6 billion in new funding, giving it a massive post-money valuation of $157 billion. Investors include ...
AI startups should brace for a wave of down rounds, investors say. Here's how it might play out.
AI startups are eyeing acquihires and secondary share sales as valuations slump.
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OpenAI closes $6.6bn funding round
OpenAI, the maker of ChatGPT, has raised $6.6 billion (€5.98bn) in its latest funding round. Funding came from the likes of ...
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OpenAI's US$6.5B fundraising nears completion
OpenAI's latest venture capital fundraising is nearing completion. The US$6.5 billion funding round values OpenAI at US$150 ...
ChatGPT owner OpenAI valued at whopping $157B — asks investors not to fund Elon Musk’s upstart rival xAI
The closing of the funds coincides with the company’s ongoing restructuring efforts and executive changes, including the abrupt departure of its longtime Chief Technology Officer last ...
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Global startup funding is picking up with AI still in the spotlight
Global startup funding was up 16% in the second quarter, according to Crunchbase data, led by an uptick in mega-rounds. That increase was led, unsurprisingly, by the AI sector. Funding to ...
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OpenAI closes largest ever deal of $6.6 bn at $157-bn valuation
Thrive Capital leads with $1.2 bn, followed by existing and new investors like Microsoft, Khosla Venture, SoftBank, others, ...
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Venture Funding for Black And Diverse Founders Is the Paradox Of Equilibrium
Expanding opportunities to achieve higher success rates in acquisitions, IPOs, and ROI.One year later, the U.S. Supreme Court ...
AI startups ride on investor frenzy to raise billions in 2024
OpenAI recently closed a $6.6 billion funding round at a $157 billion valuation that highlighted the enthusiasm around ...