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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.

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