CHART: A Look at OpenAI's Valuation Journey to $157 Billion

OpenAI, the creator of ChatGPT, has just raised $6.6 billion in a funding round that skyrockets its valuation to $157 billion—almost doubling from its previous $86 billion.

This massive leap, reported by The Wall Street Journal, puts the company in the same league as publicly traded heavyweights like Goldman Sachs, Uber, and AT&T, and sets it ahead of competitors like Anthropic and Google-acquired DeepMind with a valuation estimated at about $40 billion and $45 billion respectively, per MarketScreener.

The funding news confirms recent speculation that OpenAI was aiming for a valuation near $150 billion in a new funding round, cementing its status as a major player in the global tech landscape.

OpenAI reportedly in talks for new funding round at $100 billion valuation

If successful, this would make OpenAI not only one of the most valuable AI startups in history, but also a dominant force in the broader tech landscape.

TechloyEmmanuel Oyedeji

The funding, led by Thrive Capital with a $1.25 billion contribution, brings in new investors like SoftBank and Nvidia with $500 million and $100 million respectively, alongside long-time investor Microsoft, which added nearly $1 billion.