OpenAI has revealed a significant milestone in its development by securing $6.6 billion in new funding, bringing its post-money valuation to an impressive $157 billion. This funding is aimed at propelling OpenAI's mission forward.
The infusion of capital will enable the technology company to enhance its leadership position in cutting-edge AI research, expand its computing capacity, and continue developing tools designed to assist people in solving complex challenges, according to OpenAI's blog post.
The funding round was spearheaded by existing investor Thrive Capital, which contributed approximately $1 billion, with the option to commit an additional $1 billion at the same valuation, as reported by The New York Times.
Noteworthy entities such as Microsoft, Nvidia, SoftBank, Khosla Ventures, Altimeter Capital, Fidelity, and MGX also partook in this fundraising round, as noted by TechCrunch.
"We are deeply appreciative of our investors for their faith in our vision and are eager to collaborate with our partners, developers, and the wider community to develop an AI-driven ecosystem and future that serves the common good," stated OpenAI.
