OpenAI closes record US$6.6b raising, hits US$157b valuation

Oct 2, 2024 · The news: OpenAI completed its US$6.6 billion ($9.59 billion) funding round, in the largest VC deal ever, nearly doubling its valuation in just months to become one of the three …

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OpenAI Closes Record US$6.6b Raising, Hits US$157b Valuation

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Oct 2, 2024 · The news: OpenAI completed its US$6.6 billion ($9.59 billion) funding round, in the largest VC deal ever, nearly doubling its valuation in just months to become one of the three …

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OpenAI Closes Record $6.6B Funding Round At $157B Valuation, …

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Oct 3, 2024 · The raise, the largest venture capital funding round on record, values the ChatGPT developer at $157 billion. That’s nearly double what it was worth following a tender offer earlier …

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OpenAI Raises $6.6 Billion In Funds At $157 Billion Value - Yahoo …

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Oct 3, 2024 · The funding round was led by Thrive Capital, the venture capital firm headed up by Josh Kushner, which put in $1.3 billion. Microsoft Corp., OpenAI’s largest backer, put in about …

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OpenAI Funding Round Values Company At $157 Billion - Forbes

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Oct 2, 2024 · Topline. OpenAI closed a $6.6 billion funding round that valued the booming artificial intelligence company at $157 billion, according to a Wednesday statement, a massive figure …

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Historic Funding Round Of $6.6B Values OpenAI At Whopping $157B

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The landmark investment, one of Silicon Valley's largest, was officially announced by OpenAI after several reports and weeklong indications about the new funding round. Founded in 2015 ...

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OpenAI Raises $6.6B In New Funding; Raises Valuation To $157B

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Oct 2, 2024 · ChatGPT maker OpenAI announced Tuesday it raised $6.6 billion in new funding, bringing the company’s valuation to $157 billion. The company said it would use the new …

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OpenAI Closes $6.6 Billion Funding Haul With Investment From …

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Oct 2, 2024 · OpenAI, the company behind ChatGPT, has raised $6.6 billion from investors, which could value the company at $157 billion and cement its position as one of the most valuable …

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OpenAI Valuation Leaps To $157 Billion After New Round Of $6

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Oct 2, 2024 · OpenAI has raised $6.6 billion in new funding, bringing its total valuation to the massive tune of $157 billion. The new funding round was led by Thrive Capital but also …

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OpenAI Valuation Nearly Doubles To $157B After $6.6B Funding

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Oct 2, 2024 · OpenAI’s new $6.6 billion round of funding has nearly doubled its valuation to $157 billion. With investments from Thrive Capital, Microsoft, SoftBank and Nvidia,

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OpenAI Now Valued At $157B After Latest Funding Round - Yahoo …

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Oct 3, 2024 · Artificial intelligence giant OpenAI has raised $6.6 billion in new funding at a $157 billion valuation—more than the market caps of companies like Uber Technologies and …

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OpenAI Hits $157B Valuation After Record $6.6B Funding

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Oct 3, 2024 · In a historic funding round, OpenAI raised $6.6 billion, marking the largest venture capital round ever.This funding increased the company’s valuation to $157 billion.. Led by …

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OpenAI Nearly Doubles Its Valuation To Receive $6.6 Billion Funding

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Oct 3, 2024 · Artificial intelligence (AI) company OpenAi has finalized a deal to raise $6.6 billion in funding from investors. The deal values the company at a whopping $157 billion, making it one …

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OpenAI Raises $6.6 Billion In Fresh Funding From Microsoft And …

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Oct 3, 2024 · OpenAI, the company behind the wildly popular ChatGPT, has raised $6.6 billion from a mix of prominent investors including Thrive Capital, Khosla Ventures, Microsoft and …

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OpenAI’s $6.6 Billion Funding Round Elevates Its Valuation To $157 ...

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The combination of commercial success and further funding saw OpenAI’s valuation soar to an estimated $80 billion by late 2023, positioning it as one of the leaders in the AI space. 2024: …

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The Investors Behind OpenAI's Historic $6.6 Billion Funding Round

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Oct 2, 2024 · The $6.6 billion round gave OpenAI a $157 billion post-money valuation and minted it into one of the most valuable startups in the world. The startup's valuation is now in the …

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OpenAI Raises $6.6B In Funding For $157B Valuation - Yahoo Finance

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Oct 2, 2024 · OpenAI closed a massive funding round, which raised $6.6 billion, meaning the ChatGPT maker is valued at $157 billion. ... OpenAI raises $6.6B in funding for $157B …

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OpenAI Courts Trump With Vision For ‘A.I. In America’

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3 days ago · Anthropic is said to be in talks to raise a new round of funding that could value the A.I. start-up at $60 billion, following recent financing efforts by xAI, owned by Elon Musk, and …

nytimes.com

FAQs about OpenAI closes record US$6.6b raising, hits US$157b valuation Coupon?

Is OpenAI worth $157 billion?

Artificial intelligence (AI) giant OpenAI has raised $6.6 billion in new funding at a $157 billion valuation—more than the market caps of companies like Uber Technologies (UBER) and Lowe's (LOW). The latest funding values the startup behind ChatGPT at nearly double the $86 billion it reportedly was valued at early this year. ...

Why did OpenAI raise $40 billion?

Notably, OpenAI has reportedly asked the participants not to back competitors. That could complicate the fundraising efforts of rival Anthropic PBC, which is reportedly seeking to raise fresh capital at a valuation of up to $40 billion. That OpenAI’s funding round doubled its valuation reflects the rapidly growing demand for its AI services. ...

Why did OpenAI double its valuation?

That OpenAI’s funding round doubled its valuation reflects the rapidly growing demand for its AI services. According to internal estimates obtained by the New York Times, those services are on track to generate $3.7 billion in revenue this year and $11.6 billion during 2025. ...

Is OpenAI a VC?

The news: OpenAI completed its US$6.6 billion ($9.59 billion) funding round, in the largest VC deal ever, nearly doubling its valuation in just months to become one of the three largest venture-backed startups alongside SpaceX and ByteDance. ...

Who backed OpenAI?

The funding round was led by Thrive Capital, the venture capital firm headed up by Josh Kushner, which put in $1.3 billion. Microsoft Corp., OpenAI’s largest backer, put in about $750 million, on top of the $13 billion it had already invested in the startup, according to a person familiar with the matter. ...

How much revenue will OpenAI generate this year?

OpenAI is expected to generate US$3.6 billion in revenue but face a US$5 billion loss this year. It projects a major revenue jump next year to US$11.6 billion, Reuters reported citing sources. The context: The new funding will help OpenAI increase its computing capacity and drive forward AI research, it said in a statement. ...