OpenAI is now valued at $157 billion
Briefly

OpenAI's recent $6.6 billion funding round has doubled its valuation to $157 billion, drawing investments from major firms like Thrive Capital and Microsoft.
This funding comes with conditions, allowing investors to withdraw their funds unless OpenAI successfully transitions to a fully for-profit model.
Thrive Capital led the round with a $1.25 billion stake, while Microsoft and other newcomers like SoftBank also made significant contributions.
Despite efforts, Apple did not join the funding round, which required a minimum investment of $250 million to access OpenAI's financial details.
Read at Ars Technica
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