OpenAI says it raised $40 billion funding, doubling its valuation to $300 billion – The Times of India
OpenAI, the maker of ChatGPT, has secured $40 billion in fresh funding from SoftBank Group and additional investors, valuing the AI firm at $300 billion, establishing a record for startup capital raising.The new valuation is nearly double OpenAI’s previous worth of $157 billion from its October fundraising. Bloomberg disclosed on March 26 that OpenAI was…