OpenAI raises $6.6 billion in funding, boosting valuation to $157 billion

OpenAI has secured $6.6 billion in new funding, raising its valuation to $157 billion, nearly double its previous value of $86 billion. The funding round was led by Thrive Capital, with significant contributions from Microsoft, SoftBank, and Nvidia. This investment positions OpenAI among the most valuable startups globally. The funding comes amid recent executive changes, including the resignation of Chief Technology Officer Mira Murati, highlighting ongoing internal challenges. Concerns remain among some investors regarding the high costs associated with AI infrastructure and the potential for profitability.