OpenAI valued at $157 billion after securing $6.6 billion in latest funding round

OpenAI has concluded its latest funding round, raising $6.6 billion at a post-money valuation of $157 billion, according to an Oct. 2 blog post. The capital influx is expected to bolster OpenAI’s capacity to advance its AI research, scale up computing infrastructure, and continue developing solutions to address complex challenges. OpenAI said: “The new funding […] source: https://cryptoslate.com/openai-valued-at-157-billion-after-securing-6-6-billion-in-latest-funding-round/