ChatGPT parent OpenAI said Wednesday that it has raised $6.6 billion in new funding, bringing its valuation to $157 billion.

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 said on Wednesday that it had completed a $6.6 billion fund-raising deal that nearly doubles the high-profile company’s valuation from just nine months ago.

OpenAI Just Landed a $157 Billion Valuation Investors in OpenAI’s $6.6 billion funding round include Thrive Capital, SoftBank, and tech giants Microsoft and Nvidia.

OpenAI has completed a deal to raise $6.6 billion in new funding, giving the artificial intelligence company a $157-billion valuation.

OpenAI has raised $6.6 billion in new funding, bringing it's total valuation to the massive tune of $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.

With OpenAI’s new $157 billion post-money valuation, investors appear to be valuing the company at 13 times its projected revenue next year.

OpenAI has secured more than $6.5 billion in new funding at a valuation of $157 billion as it looks to increase its lead in the artificial intelligence space.

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.

OpenAI, the company behind ChatGPT, has now raised $6.6 billion in a new funding round that values the company at $157 billion, nearly doubling its previous valuation of $86 billion, according to ...

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