OpenAI raises $122 billion in boosted funding round
By
Binu Mathew
OpenAI on Tuesday said that the startup was valued at $852 billion in a freshly closed funding round that raised $122 billion.
The eye-watering level of funding came in higher than originally projected, reflecting the surging costs of computing power and arriving amid lingering questions about whether OpenAI and other AI companies can generate sufficient revenue to cover expenses.
