As OpenAI closes record-breaking $122 billion funding round; pressure shifts to Sam Altman to …
OpenAI has closed its latest funding round with $122 billion in committed capital at a post money valuation of $852 billion. The record-breaking raise highlights the company’s rapid growth and its central role in the global artificial intelligence race. The funding round was co-led by SoftBank along with investors such as Andreessen Horowitz and D. E. Shaw Ventures.
In a press release, OpenAI said, “AI is driving productivity gains, accelerating scientific discovery, and expanding what people and organizations can build.” “This funding gives us the resources to continue to lead at the scale this moment demands,” the company added.
