Despite $157 Billion Valuation, Why OpenAI Won’t Change The World
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’s $157 billion valuation and the port strike show the contrasting attitudes around AI
Events this week highlight the vivid contrast in attitudes around the potential of AI. Yesterday, OpenAI raised $6.6 billion from investors like Microsoft, Thrive Capital, and SoftBank. That gave the startup behind ChatGPT a $157 billion valuation and gave the market a clear indication of the excitement among those in the know.
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.
OpenAI Nearly Doubles Valuation to $157 Billion in Funding Round
The startup behind ChatGPT raised $6.6 billion from backers including Microsoft, SoftBank and Thrive Capital.
OpenAI value almost doubles to $157bn
The maker of ChatGPT raises $6.6bn in its latest funding round
OpenAI Just Landed a $157 Billion Valuation
Investors in OpenAI's $6.6 billion funding round include Thrive Capital, SoftBank, and tech giants Microsoft and Nvidia.
OpenAI Completes Deal That Values Company at $157 Billion
Correction: October 2, 2024 This article has been revised to reflect the following correction: Because of an editing error, an earlier version of this article misstated both the change in valuation of OpenAI and the amount it had previously been valued.
OpenAI value surges to $157bn in funding deal
OpenAI, the maker of ChatGPT, has raised $6.6bn in its latest funding round, as investors including its early backer Microsoft continue to bet big on artificial intelligence (AI). The deal gave the tech company a value of $157bn (£118bn) - similar to investment bank Goldman Sachs and more than most of America's biggest companies - making it one of the most valuable start-ups in the world.
OpenAI raises $6.6 billion in funds at $157 billion valuation
OpenAI has completed a deal to raise $6.6 billion in new funding, giving the artificial intelligence company a $157 billion valuation.
Here's where OpenAI's 11 cofounders are now
OpenAI has lost two of its cofounders in 2024. Here's where all 11 cofounders are now.
Forbes Daily: OpenAI’s Value Soars After $6.6 Billion Funding Round
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OpenAI updates API with model distillation, prompt caching abilities
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Why concerns about OpenAI’s new logo are about more than design
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The investors behind OpenAI's historic $6.6 billion funding round
OpenAI has raised $6.6 billion in a new funding round that's also one of the largest private investments on record.
OpenAI closes $6.6 billion funding haul with investment from Microsoft and Nvidia
OpenAI has raised $6.6 billion from investors at a post-money valuation of $157 billion, the company announced on Wednesday, ...
OpenAI just raised $6.6 billion to build ever-larger AI models
OpenAI just closed a historic funding round, taking in a $6.6 billion investment at a $157 billion valuation, to continue ...
OpenAI is now worth more than 87% of S&P 500 companies. It faces a tough test ahead.
OpenAI just became one of the highest-valued privately held companies with its latest funding round, but it has a lot to live ...