OpenAI Funding: ChatGPT-Maker Raises USD 6.6 Billion in Latest Funding, Increases Its Valuation to USD 157 Billion

ChatGPT-maker OpenAI announced that it secured USD 6.6 billion in new funding, boosting the valuation of the company's valuation to USD 157 billion.

OpenAI (Photo Credits: Wikimedia Commons)

Sam Altman-run OpenAI announced that it raised USD 6.6 billion in new funding and nearly significantly increased its valuation to USD 157 billion. The company said the new funding would enable it to further its leadership in frontier AI research, increase its computing capacity, and solve hard problems. The company said in a post, "We are making progress on our mission to ensure that artificial general intelligence benefits all of humanity. Every week, over 250 million people around the world use ChatGPT to enhance their work, creativity, and learning." OpenAI Co-Founder Durk Kingma Joins AnthropicAI, Says Company’s AI Approach Resonates With His Own Beliefs.

OpenAI Valuation Increases Significantly to USD 157 Billion After USD 6.6 Billion Funding

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