OpenAI Nearly Doubles Valuation to $157 Billion in Funding Round
- OpenAI has raised $6.6 billion in new funding, achieving a valuation of $157 billion, nearly double its previous valuation of $80 billion earlier this year.
- The funding round was led by Thrive Capital, with participation from Microsoft, Nvidia, SoftBank, and others, according to a knowledgeable source.
- OpenAI expects a net loss of $5 billion on $3.7 billion in revenue for 2024 while targeting $11.6 billion in revenue next year.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left22Leaning Right5Center26Last UpdatedBias Distribution49% Center
Bias Distribution
- 49% of the sources are Center
49% Center
L 42%
C 49%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage