OpenAI bags $40B in funding, increasing its post-money valuation to $300B
OpenAI has closed on one of the largest-ever funding rounds for a private company, raising $40 billion at a $300 billion post-money valuation. The bumper funding round was led by SoftBank Group Corp. and saw participation from existing backers of OpenAI, including Microsoft Corp., Coatue Management, Thrive Capital and Altimeter Capital.
STORY: From OpenAI finding another big pile of money, to the drone finding wildfires, this is AI Weekly. OpenAI says it’s ...
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