OpenAI Closes $6.5B Funding Round Led by Thrive Capital, Valued at $150B, Asks Investors to Avoid xAI

Oct 2, 2024, 04:12 PM

OpenAI has successfully closed its latest funding round, raising over $6.5 billion. This new influx of capital has resulted in a valuation of more than $150 billion for the artificial intelligence company. The funding round was led by Thrive Capital, according to CNBC. Additionally, OpenAI has asked investors not to back rival start-ups, including Elon Musk's xAI, reported FT.