OpenAI has secured $8.3 billion in new funding, valuing the company at an estimated $300 billion, The NYT reported. This fundraiser comes ahead of schedule as demand from investors has increased. Meanwhile, it is part of OpenAI's plan to raise $40 billion this year, including a $30 billion investment from SoftBank by year-end. The firm raised $2.5 billion in March.
short by
Shristi Acharya /
11:01 am on
02 Aug