
OpenAI valued at $157 billion after securing $6.6 billion in latest funding round
Thrive Capital led the funding round, which included key backers such as Microsoft, Nvidia, SoftBank, and others.

Read OpenAI news and its intersection with crypto, covering AI products, partnerships, market impact, and developments relevant to Web3.

Planned funding round could see OpenAI lifting profit caps, prompting questions on maintaining its mission.

The firm's leadership exits have renewed focus on the firm's AI safety practices.

Musk claims he was misled into co-founding OpenAI by Sam Altman.

The launch announcement comes amid media reports that the firm's financial trajectory may be "unsustainable."

The letter set an Aug. 13 deadline for the firm to provide a comprehensive response addressing the various concerns raised in it.

The AI firm reportedly did not inform the FBI, law enforcement, or the public.