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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 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 Microsoft and Nvidia.
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
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 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 value surges to $157 billion after funding
OpenAI has surged in value as investors including Microsoft continue to be fascinated by artificial intelligence, or AI.
OpenAI Secures US$6.6 Billion in Funding
OpenAI, the company behind ChatGPT, has raised $6.6 billion in its latest funding round, attracting investments from prominent players such as Microsoft, Nvidia, and Abu Dhabi's state-backed firm MGX.
OpenAI's $6.6B boost pushes valuation to $157 billion
OpenAI, the creator of ChatGPT, received $6.6 billion in its latest funding round. The funds were raised from companies including Microsoft and Nvidia. The company's valuation could reach a staggering $157 billion,
1d
on MSN
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 ...
Bill McEwen
2d
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 ...
Fortune India
2d
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, ...
Advanced Television
2d
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 ...
TechCrunch
8d
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 ...
Marketing Interactive
11d
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 ...
11d
on MSN
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.
Harbus
2d
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 ...
22h
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 ...
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