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OpenAI gets $6.6 billion funding from Microsoft, Nvidia

Barron's on MSN · 2d

Microsoft and Nvidia Are Backing OpenAI. Here’s One Possible Reason Apple Isn’t.

The iPhone maker was reported last month to have pulled out of talks to join in the latest investment round. There might be a good reason.

NBC News on MSN · 2d

OpenAI closes funding at $157 billion valuation as Microsoft, Nvidia, SoftBank join round

OpenAI’s rapid ascent, which began with the launch of ChatGPT in late 2022, has been the biggest story in the tech industry over the last couple of years.

OpenAI closes $6.6 billion funding haul with investment from Microsoft and Nvidia

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 private companies in the world.

OpenAI value surges to $157 billion

Rolling Out · 1d

OpenAI value surges to $157 billion after funding

OpenAI has surged in value as investors including Microsoft continue to be fascinated by artificial intelligence, or AI.

Business Insider on MSN · 1d

There's a catch in OpenAI's $6.6 billion funding deal that no one is talking about

OpenAI reportedly has to become a for-profit entity in two years or give back investor money from its funding round. It could be tricky, lawyers say.

Engadget on MSN · 2d

OpenAI now has a $4 billion credit line on top of $6.6 billion in funding

Keeping ChatGPT running is expensive as heck, so OpenAI needs access to plenty of cash to make sure the lights stay on. A day after the company said it had secured $6.6 billion in funding — the biggest ever funding round for a startup — it confirmed that it has a new $4 billion revolving line of credit.

2hon MSN

The big winner if OpenAI becomes a for-profit business? Microsoft.

OpenAI is considering transitioning from a nonprofit into a for-profit company, and its deep-pocketed benefactor, Microsoft, ...

1don MSN

Microsoft AI boss likens OpenAI partnership to a sibling rivalry

Mustafa Suleyman said Microsoft and Open AI are like "siblings" who sometimes "squabble" but enjoy a good relationship with ...

2d

ChatGPT maker OpenAI raises $6.6 billion in fresh funding as it moves away from its nonprofit roots

OpenAI says it has raised $6.6 billion in venture capital investments as part of a broader shift by the ChatGPT maker away ...

OpenAI Secures $10B in One Week—But It’s Also Burning Cash at Record Speed

The arrangement of the credit line also includes the ability to increase it by $2 billion, according to CNBC. Combined with ...

1d

How Does OpenAI's Price Tag Stack Up to Survivors of the Dotcom Bubble?

OpenAI's latest fundraising round has made the ChatGPT maker one of the world's most valuable startups and, from a historical ...

19h

OpenAI Fast-Tracks AI Agents. How Do We Balance Benefits With Risks?

OpenAI announced innovations that bring AI agents closer to reality. CEO Sam Altman predicts we’ll use them daily by 2025.

3d

OpenAI raises $6.6B and is now valued at $157B

OpenAI has raised $6.6 billion in a round led by Thrive Capital. It values the company at $157 billion pre-money.

2d

OpenAI completes deal that values company at $157 billion

OpenAI said Wednesday that it had completed a $6.6 billion fundraising deal that more than doubles the high-profile company’s ...

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