OpenAI has officially closed its latest funding round, raising $6.6 billion in a deal that values the startup at a massive $157 billion, the company announced on Wednesday.
The deal, at roughly double the valuation the startup fetched in February, underscores investors’ red hot expectation for the generative AI boom that OpenAI ignited with the release of ChatGPT.
And it cements OpenAI’s status as one of the most valuable startups in the world, only trailing behind Elon Musk’s…
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