OpenAI was previously valued at $86 billion in February when employees were allowed to sell shares.
And were only getting started.
Weve raised $6.6B in new funding at a $157B post-money valuation to accelerate progress on our mission.
Sam Altman Co-founder and CEO of OpenAI speaks during the Italian Tech Week 2024 at OGR Officine Grandi Riparazioni on September 25, 2024 in Turin, Italy.© Stefano Guidi/Getty Images
We aim to make advanced intelligence a widely accessible resource.
Again, this new statement is brief when compared to a typical press release.
But it could provide some clues about what the company has in store for the near future.
Who else invested in this latest funding round?
But the FT notes some of those investments are through special purpose vehicles.
Musk was a co-founder of OpenAI but was reportedly pushed out when he wanted to execute the entire thing.
Musk and Altman have beenfighting ever since.
Even elected representatives like Democratic Sen. Chuck Schumer of New York expressed theirsupport of Altman.
Why would Sen. Schumer care about who the CEO of OpenAI might be?
Well, that probably brings us back to OpenAIs statement about wanting to work more with the U.S. government.
Theres a lot of money to be made from Uncle Sam.
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