In a statement, the company said it would use the cash influx to drive forward AI research and increase its computing capacity.

The artificial intelligence firm was valued around $80 billion at the start of the year.

Deal makes the firm one of the 3 largest venture-backed startups, with SpaceX, ByteDance

The round of funding saw Thrive Captial, Microsoft, NVIDIA, SoftBank, and others invest in the artificial intelligence company.

Leading artificial intelligence research company OpenAI announced this week that it has closed an enormous funding round, raising $6.6 billion at a

New funding propelled ChatGPT-maker OpenAI to a valuation of $157 billion, the company said on Wednesday, sealing its place as the world leader on artificial intelligence. The company, founded in 2015 and led by Sam Altman, said that investors pumped in $6.6 billion in a funding round that was one of Silicon Valley's biggest ever.

New funding propelled ChatGPT-maker OpenAI to a valuation of $157 billion, the company said on Wednesday, sealing its place as the world leader on artificial intelligence. The company, founded in 2015 and led by Sam Altman, said that investors pumped in $6.6 billion in a funding round that was one of Silicon Valley's biggest ever.

OpenAI, the company behind ChatGPT, secured $6.6 billion in new funding, propelling its valuation to $157 billion and cementing its position as the world leader in artificial intelligence. The landmark investment, one of Silicon Valley's largest, was announced by OpenAI on Wednesday. Founded in 2015 and led by Sam Altman,…

OpenAI, the company behind ChatGPT, secured $6.6 billion in new funding, propelling its valuation to $157 billion and cementing its position as the world leader in artificial intelligence.

OpenAI raised $6.6 billion in new funding, giving it a massive post-money valuation of $157 billion. Investors include Microsoft and Nvidia.

OpenAI said Wednesday it has raised $6.6 billion in venture capital investments as part of a broader shift by the ChatGPT maker away from its nonprofit roots.

The A.I. start-up’s valuation has risen by more than $70 billion in nine months.

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

Artificial intelligence giant OpenAI has raised $6.6 billion in new funding at a $157 billion valuation—more than the market caps of companies like Uber Technologies and Lowe's.

OpenAI's $6.6 billion funding raise attracted some big names across the industry.The investors had to fork over huge sums and reportedly avoid future

OpenAI closed its long-awaited funding round, announcing that it raised $6.6 billion at a $157 billion post-money valuation.

OpenAI, the company behind artificial Intelligence chatbot ChatGTP, has secured new financing to the tune of $6.6 billion from a variety of investors. The start-up is now valued at $157 billion, on par…

OpenAI has completed a deal to raise over $6.5 billion in new funding, giving the artificial intelligence company a more than $150 billion valuation, and bolstering its efforts to build the world's leading generative AI technology. From a report: The deal is one of the largest-ever private investmen...

The A.I. start-up’s valuation has risen by more than $70 billion in nine months.

:OpenAI has secured a new $4 billion revolving credit line, the ChatGPT maker said on Thursday, a day after it closed a $6.6 billion funding round that cemented its position as one of the most valuable private companies in the world.The borrowing facility will boost its liquidity to $10 billion, OpenAI said,

OpenAI is now worth $157 billion, but it can't rest easy yet.High costs, competition, and a lack of profitability remain challenges as it seeks to

For developers building products atop the company's AI models and frameworks, this is probably welcome news.

Some technology waves change the world – notably the worldwide web, social media, and smartphones. Since it does not solve big problems well enough, generative AI will not.

: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.The funding has attracted returning venture capital investors including Thrive Capital and Khosla Ventur

OpenAI, the company behind ChatGPT, has raised US$6.6 billion from investors, which could value the company at US$157 billion and cement its position as one of the most valuable private companies in the world. The funding has attracted returning venture capital investors including Thrive Capital and Khosla

:OpenAI has secured a new $4 billion revolving credit line, the ChatGPT maker said on Thursday, a day after it closed a $6.6 billion funding round that cemented its position as one of the most valuable private companies in the world.The borrowing facility will boost its liquidity to $10 billion, OpenAI said,

OpenAI said Wednesday it has raised $6.6 billion in venture capital investments as part of a broader shift by the ChatGPT maker 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 from its nonprofit roots.

OpenAI said Wednesday it has raised $6.6 billion in venture capital investments.

OpenAI has a $4 billion revolving line of credit, bringing its total liquidity to more than $10 billion, CNBC reported Thursday. From the report: It follows news on Wednesday that OpenAI closed its recent funding round at a valuation of $157 billion, including the $6.6 billion the company raised fro...

With this new financial backing, OpenAI plans to accelerate its research, expand its computing power, and develop more AI tools to solve complex problems.

The funding values the ChatGPT maker at 157 billion US dollars (£118 billion), making it one of the most valuable start-ups in the world.

Oct. 3 (UPI) -- The U.S. Department of Energy Thursday announced a $1.5 billion transmission investment to improve electric grid reliability.