Breaking Down OpenAI's Landmark $6.6 Billion Funding Round

Published On Fri Oct 04 2024

OpenAI Raises $6.6 Billion in Funds at $157 Billion Value...

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Bloomberg News AI Reporter Rachel Metz discusses

OpenAI completing a deal to raise $6.6 billion in new funding, giving the artificial intelligence company a $157 billion valuation and bolstering its efforts to build the world’s leading generative AI technology. Sandy Gordon, VP of Employee Experience at Amazon, talks about holiday hiring and other workforce announcements. Rachel Gerring, EY Americas IPO Leader, has a look at the current state of the US initial public offering market. And we Drive to the Close with Lance Cannon, Portfolio Manager at Hood River Capital Management.

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