OpenAI Secures $6.6B Funding, Valuation Soars to $157B

Oct 10, 2024 - 12:13
 0

AI powerhouse OpenAI has raised a massive $6.6 billion in funding, led by Thrive Capital with participation from Microsoft and Nvidia. This investment, which brings OpenAI's valuation to a staggering $157 billion, will be used to expand its toolset and significantly increase its computing power to train new AI models. The company, which boasts over 250 million weekly ChatGPT users, aims to advance its mission of achieving artificial general intelligence (AGI).

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