OpenAI closed a $6.6 billion funding round that valued the booming artificial intelligence company at $157 billion, nearly double what the company was valued at early this year.
The expansion effort follows the San Francisco-based ChatGPT maker’s whopping $6.4 billion funding round, a restructuring plan announcement, and a series of executive departures.
In today’s AI news, Writer, a San Francisco-based AI startup, debuted a large AI model to compete with enterprise offerings from OpenAI, Anthropic and others.