OpenAI Secures $6.6 Billion Funding, Valuation Soars Beyond $157 Billion

OpenAI has finalized a $6.6 billion funding round, doubling its valuation from nine months ago. The latest investment, led by Thrive Capital, values the company at $157 billion. Notable investors include Microsoft, Nvidia, SoftBank, and MGX, an investment firm from the UAE.OpenAI launched the AI chatbot ChatGPT in 2022, triggering a significant wave of interest in artificial intelligence and spurring competitive investments in AI startups. Despite concerns about the effectiveness and safety of such technolo ...