OpenAI secures $6.6 billion investment from SoftBank and others, raising valuation to $157 billion

OpenAI announced a $6.6 billion investment, raising its valuation to $157 billion. This funding includes new backing from Japan's SoftBank, joining existing investors like Microsoft and Thrive Capital. Investors face complexities, including OpenAI's unique governance structure and its hybrid non-profit and for-profit model. The company aims for $100 billion in revenue in five years, but its business model remains uncertain. Currently, OpenAI is valued at about 13 times its projected $12 billion revenue for 2025, while it incurs annual losses of $5 billion. This situation contrasts with profitable peers like Nvidia, which trades at a higher valuation.