OpenAI completes a new round of financing of $6.6 billion at a valuation of $157 billion, led by Thrive Capital
ChainCatcher news, according to TechCrunch, OpenAI announced that it has raised $6.6 billion in a new round of financing, with a post-financing valuation of $157 billion, led by Thrive Capital. According to Crunchbase data, OpenAI has raised a total of $17.9 billion.
According to The New York Times, Thrive invested about $1.3 billion in this round of OpenAI financing and has an exclusive option to reinvest up to $1 billion at the same valuation before 2025. Microsoft, Nvidia, SoftBank, Khosla Ventures, Altimeter Capital, Fidelity Investments, and MGX also participated.
The Wall Street Journal reported that Microsoft's investment is close to $1 billion, Nvidia has committed to invest $100 million, and SoftBank invested $500 million.
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