CNBC October 2, 2024
Key Points
– OpenAI closed its long-awaited funding round, announcing that it raised $6.6 billion at a $157 billion post-money valuation.
– Led by Thrive Capital, the round also had participation from Microsoft and Nvidia, CNBC confirmed.
– Earlier this year, OpenAI was valued at a reported $80 billion, up from $29 billion in 2023.
OpenAI has closed its long-awaited funding round at a valuation of $157 billion, including the $6.6 billion the company raised from an extensive roster of investment firms and big tech companies.
While OpenAI didn’t name the investors in Wednesday’s press release, a person with knowledge of the matter said the round was led by Thrive Capital and included participation from existing backer Microsoft as well...
Today's Sponsors
Today's Sponsor