OpenAI raises $6.6bn in funding, is valued at $157bn

OpenAI raises $6.6bn in funding, is valued at $157bn

OpenAI, ChatGPT, Technology, Technology sector, Business, Artificial intelligence (AI), Computing, Consciousness Business | The Guardian

​The startup behind ChatGP, which is reportedly planning to become a for-profit business, is now valued on par with UberOpenAI has raised $6.6bn (£5bn) in a funding round that values the artificial intelligence business at $157bn, with chipmaker Nvidia and Japanese group SoftBank among its investors.The San Francisco-based startup, responsible for the ChatGPT chatbot, did not give details of a reported restructuring that will transform it into a for-profit business. The funding round was led by Thrive Capital, a US venture capital fund, and other backers include MGX, an Abu Dhabi-backed investment firm. Continue reading… 

The startup behind ChatGP, which is reportedly planning to become a for-profit business, is now valued on par with Uber

OpenAI has raised $6.6bn (£5bn) in a funding round that values the artificial intelligence business at $157bn, with chipmaker Nvidia and Japanese group SoftBank among its investors.

The San Francisco-based startup, responsible for the ChatGPT chatbot, did not give details of a reported restructuring that will transform it into a for-profit business. The funding round was led by Thrive Capital, a US venture capital fund, and other backers include MGX, an Abu Dhabi-backed investment firm.

Continue reading… 

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