OpenAI Announces $6.6 Billion in Funding, Nearly Doubling Valuation to $157 Billion

Artificial-intelligence tech company OpenAI said it has raised $6.6 billion in new funding, giving it a massive post-money valuation of $157 billion, almost double its previous valuation. The new round of funding was led by Thrive Capital, with additional investors including Microsoft, Nvidia, SoftBank. In 2024, OpenAI is projecting a $5 billion net loss on […]