OpenAI, the maker of ChatGPT, has raised $6.6bn in its latest funding round, as investors including its early backer Microsoft continue to bet big on artificial intelligence (AI).
The deal gave the tech company a value of $157bn (£118bn) – similar to investment bank Goldman Sachs and more than most of America’s biggest companies – making it one of the most valuable start-ups in the world. OpenAI said the money would allow it to stay at the cutting edge of AI research. The influx comes as the company has been in the spotlight, in part for internal leadership drama and debate over its future status.