{"id":89549,"date":"2024-10-03T02:23:18","date_gmt":"2024-10-03T06:23:18","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=89549"},"modified":"2024-10-03T02:26:57","modified_gmt":"2024-10-03T06:26:57","slug":"openai-closes-funding-at-157-billion-valuation-as-microsoft-nvidia-softbank-join-round","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2024\/openai-closes-funding-at-157-billion-valuation-as-microsoft-nvidia-softbank-join-round.html","title":{"rendered":"OpenAI closes funding at $157 billion valuation, as Microsoft, Nvidia, SoftBank join round"},"content":{"rendered":"\n<p>(CNBC) OpenAI has closed its long-awaited funding round at a valuation of $157 billion, including the $6.6 billion the company raised from an extensive roster of investment firms and big tech companies. While OpenAI didn\u2019t name the investors, a person with knowledge of the matter said the round was led by Thrive Capital and included participation from existing backer\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/MSFT\/\">Microsoft<\/a>\u00a0as well as chipmaker\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/NVDA\/\">Nvidia<\/a>,\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/\">SoftBank<\/a>\u00a0and others. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/10\/02\/openai-raises-at-157-billion-valuation-microsoft-nvidia-join-round.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) OpenAI has closed its long-awaited funding round at a valuation of $157 billion, including the $6.6 billion the company raised from an extensive roster of investment firms and big tech companies. While OpenAI didn\u2019t name the investors, a person [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-89549","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=89549"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89549\/revisions"}],"predecessor-version":[{"id":89550,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89549\/revisions\/89550"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=89549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=89549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=89549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}