OpenAI secures $6.6 bn funding, emerges as one of world’s most valued firms

OpenAI, the company behind ChatGPT, has raised $6.6 billion in a new funding round, boosting its post-money valuation to $157 billion. The milestone positions OpenAI as one of the most highly-valued private companies globally.

OpenAI’s rapid growth, in product popularity and valuation, has drawn worldwide attention. Since the launch of ChatGPT, the platform has garnered 250 million active users weekly.