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OpenAI Raises Record-Breaking $6.6 Billion in Largest VC Round Ever

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OpenAI, the AI research powerhouse behind ChatGPT, has just closed the largest venture capital round in history, securing $6.6 billion in funding, bringing its post-money valuation to $157 billion. Led by Thrive Capital, the round includes major investments from Microsoft, Nvidia, SoftBank, and others, boosting OpenAI’s total funding to $17.9 billion, according to Crunchbase. Thrive […]

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SoftBank to Invest $500 Million in OpenAI Amid $6.5 Billion Fundraising

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Japanese telecom giant SoftBank is preparing to invest $500 million in OpenAI as part of the AI company’s latest $6.5 billion fundraising round, according to sources familiar with the deal. While SoftBank remained tight-lipped on the matter, OpenAI has yet to provide an official comment. What’s the Deal with OpenAI? OpenAI, the company behind ChatGPT,

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