Express

OpenAI Closes $6.6 Billion Funding Round with Investments

Shawn

Summary: OpenAI has raised $6.6 billion in a funding round that could value the company at $157 billion, with investments from Microsoft, Nvidia, Thrive Capital, and others. Thrive Capital committed $1.2 billion with the option to invest an additional $1 billion next year. The funding comes amid OpenAI's restructuring and executive changes, including the recent departure ...

OpenAI has raised $6.6 billion in a funding round that could value the company at $157 billion, with investments from Microsoft, Nvidia, Thrive Capital, and others. Thrive Capital committed $1.2 billion with the option to invest an additional $1 billion next year.

The funding comes amid OpenAI's restructuring and executive changes, including the recent departure of CTO Mira Murati. OpenAI projects revenue of $3.6 billion this year, with a major increase to $11.6 billion expected in 2025, as the company continues to pursue artificial general intelligence.

Last Update:

Tags: ,,,
Link: OpenAI Closes $6.6 Billion Funding Round with Investments   [Copy]
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 3 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 9 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 12 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 13 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 16 days ago
  • You need to login to comment.