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OpenAI raises $6.6B and is now valued at $157B


OpenAI has raised $6.6 billion in a round led by Thrive Capital. It values the company at $157 billion pre-money.

“The new funding will allow us to double down on our leadership in frontier AI research, increase compute capacity, and continue building tools that help people solve hard problems,” the company wrote in a blog post. Unfettering its ability to raise could give OpenAI greater freedom to explore capital-intensive, longer-term bets, like AI chips — and entire datacenters — to lessen its reliance on Nvidia. Prominent research scientist Andrej Karpathy left OpenAI in February, Sutskever and former safety leader Jan Leike announced their departures in May, and co-founder John Schulman said last month that he was leaving to join rival Anthropic.

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