OpenAI funding round values company at $157 billion

Leadership turmoil, rumblings about an AI bubble, and a failed CEO coup last year didn't stop OpenAI from raising $6.6 billion.On Wednesday, OpenAI completed its latest funding round according to the New York Times, giving it a valuation of $157 billion. That makes it the largest VC round of all time, a distinction that was previously held by Elon Musk's xAI, which raised $6 billion earlier this year. SEE ALSO:The AI bubble has burst. Here's how we know.
The investment was led by VC firm Thrive