OpenAI raised $6.6 billion in new funding at a $157 billion valuation, with Tiger Global Management significantly increasing its investment in the AI sector.
Tiger Global is doubling its commitment to OpenAI, participating in the significant funding round while other notable investors include Microsoft and Nvidia.
While Tiger Global had previously slowed down its investment pace, they are now showing renewed interest in technology through their participation in OpenAI's funding.
The minimum investment requirement for this funding round is set at $250 million, indicating the scale of commitment expected from participating investors.
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