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OpenAI's New Funding Round Whops Record USD122B; Valuation Adds to USD852B
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OpenAI announced on Tuesday that it completed a new funding round totaling a record USD122 billion, surpassing the USD110 billion announced by the company in February, raising its valuation to USD852 billion. OpenAI stated that this funding round was co-led by itself and other investors, including Andreessen Horowitz and DE Shaw Ventures. The company disclosed that its monthly revenue reached USD2 billion, although it has not yet achieved profitability. AASTOCKS Financial News Website: www.aastocks.com |
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