There's a catch in OpenAI's $6.6 billion funding deal that no one is talking about
OpenAI reportedly has to become a for-profit entity in two years or give back investor money from its funding round. It could be tricky, lawyers say.
OpenAI Raises $6.6 Billion With Microsoft, Nvidia Funding
OpenAI has raised $6.6 billion in funding, which makes it one of the most valuable private companies in the world.
OpenAI Announces $6.6 Billion in Funding, Nearly Doubling Valuation to $157 Billion
OpenAI raised $6.6 billion in new funding, giving it a massive post-money valuation of $157 billion. Investors include Microsoft and Nvidia.
OpenAI value surges to $157bn in funding deal
OpenAI, the maker of ChatGPT, has raised $6.6bn in its latest funding round, as investors including its early backer Microsoft continue to bet big on artificial intelligence (AI). The deal gave the tech company a value of $157bn (£118bn) - similar to investment bank Goldman Sachs and more than most of America's biggest companies - making it one of the most valuable start-ups in the world.
OpenAI gets $6.6 billion in new funding, valuing company at $157 billion
The maker of ChatGPT announced it received $6.6 billion in new funding, valuing the company at $157 billion — one of the most valuable start-ups ever.
OpenAI has secured a $157 billion valuation. Now comes the hard part.
The ChatGPT maker has secured $6.6 billion in funding, but it still has to overcome challenges around the hight costs of developing smarter AI models.
OpenAI’s Altman Concentrates Power on Path to $157 Billion Valuation
On Wednesday, OpenAI closed one of the largest fundraising rounds in history, valuing the company at $157 billion, up from $86 billion a little more than six months ago. But as OpenAI races to build a large,
OpenAI’s $157 billion valuation and the port strike show the contrasting attitudes around AI
Events this week highlight the vivid contrast in attitudes around the potential of AI. Yesterday, OpenAI raised $6.6 billion from investors like Microsoft, Thrive Capital, and SoftBank. That gave the startup behind ChatGPT a $157 billion valuation and gave the market a clear indication of the excitement among those in the know.
OpenAI Raises $6.6 Bln In Funding With $157 Bln Valuation
Chatbot ChatGPT maker OpenAI has raised $6.6 billion in its new funding round to accelerate its efforts in the artificial general
OpenAI Raises $6.6 Billion in Funds at $157 Billion Value
OpenAI just secured a ton of new cash. Now it needs to wow us
OpenAI may very well be the future of Silicon Valley, the next Google, the Great Disruptor, the Slayer of Late Capitalist ...
Meta Unveils AI Video Generator, Taking On OpenAI and Google
Facebook parent Meta Platforms Inc. debuted a new artificial intelligence tool that can generate or edit videos based on a ...
Nvidia's 'insane' chip demand, OpenAI's big money, and Google's next move: AI news roundup
OpenAI (MSFT) announced it had completed a $6.6 billion funding round, valuing it at $157 billion. The artificial ...
OpenAI Adds $4 Billion Credit Line on Top of $6.6 Billion Investment Round
The San Francisco company is gathering the billions its executives believe they will need to continue building new A.I.
Elon Musk called OpenAI 'evil' for telling investors not to fund his company and other rivals
The xAI founder called OpenAI "evil" after reports about OpenAI asking investors not to fund its rivals.
OpenAI Gets $4 Billion in Credit on Top of $6.6 Billion Fundraise
OpenAI has tapped global banks for a $4 billion revolving line of credit on top of its recent $6.6 billion fundraising, ...
OpenAI closes record $6.6B funding round at $157B valuation, plus $4B line of credit
CNBC, meanwhile, reported today that OpenAI has more than 250 million weekly users. About 11 million of those users have ...
OpenAI, Italian state lender CDP team up for AI use in startups
OpenAI and Italy's state lender CDP have signed a memorandum of understanding to support the take up of artificial ...
OpenAI Introduces New Tools to Fast-Track Building of AI Voice Assistants
(Reuters) -OpenAI unveiled a host of new tools on Tuesday that would make it easier for developers to build applications ...
3 Top Artificial Intelligence (AI) Stocks Ready for a Bull Run
Both of those AI bellwether stocks are still reliable long-term investments, but investors shouldn't gloss over the less ...