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Latin Times
Business
Ann Resuma

OpenAI Secures $6.6 Billlion In New Funding At $157 Billion Valuation

OpenAI Microsoft Nvidia SoftBank Thrive Capital Sam Altman ChatGPT New York
Sam Altman (Credit: AFP)

OpenAI became one of the world's most valuable private companies after it raised $6.6 billion in the much-anticipated funding round, which valued the ChatGPT maker at $157 billion.

OpenAI did not name the investors, but reports said that the funding round was led by New York-based venture capital firm Thrive Capital, including the company's biggest backer Microsoft, Khosla Ventures and new participants, chipmaker Nvidia, SoftBank, Altimeter Capital, Fidelity, and Abu Dhabi's state-backed investment firm MGX.

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