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Image Credit: Siliconangle

OpenAI closes record $6.6B funding round at $157B valuation

  • OpenAI has raised $6.6 billion in funding, the largest venture capital funding round in history.
  • The funding round values OpenAI at $157 billion, nearly double its previous valuation.
  • Thrive Capital led the investment, with Microsoft, Nvidia, SoftBank, and other investors also participating.
  • OpenAI plans to reorganize its structure and incorporate its for-profit arm as a benefit corporation.

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