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.