OpenAI secures $6.6 billion in latest funding round
Thanks to $6.6 billion in funding from the likes of Microsoft and Nvidia with a $157 billion valuation, OpenAI is now one of the wealthiest private enterprises on the planet.
Thanks to $6.6 billion in funding from the likes of Microsoft and Nvidia with a $157 billion valuation, OpenAI is now one of the wealthiest private enterprises on the planet.
Brighton Park Capital and golfer Rory McIlroy’s investment partnership Symphony Ventures led the new capital round.
Apollo is the financial backer of Sherrese Clarke Soares’ HarborView Equity Partners.
The firm founded by the billionaire hedge funder previously owned and sold a smaller stake in the company.
To sweeten the pot, Amazon is pledging that startups in this year’s Generative AI Accelerator cohort will gain access to experts and tech from Nvidia, the program’s presenting partner. © 2024 TechCrunch. All rights reserved. For personal use only.
As public song portfolio funds disappear, investors are increasingly putting money in asset-backed securitizations.
The company, which can generate voice, lyrics and music, says the list of investors includes Lightspeed Venture Partners and Nat Friedman and Daniel Gross.
The company, which can generate voice, lyrics and music, says the list of investors includes Lightspeed Venture Partners and Nat Friedman and Daniel Gross.
The OpenAI Startup Fund, a venture fund related to — but technically separate from — OpenAI that invests in early-stage, typically AI-related companies across education, law and the sciences, has quietly closed a $15 million tranche. Accord…
The deal represents a substantial minority investment in the company, which operates across multiple verticals and boasts Jack Harlow, Saweetie and more as clients.
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