OpenAI Secures $6.5 Billion Funding Amid Executive Departures
Despite multiple executive resignations, OpenAI attracts major investments from SoftBank, Thrive Capital, Microsoft, and Nvidia.
- SoftBank's Vision Fund commits $500 million to OpenAI's latest funding round, valuing the company at $150 billion.
- Thrive Capital leads the round with an investment exceeding $1 billion, while Microsoft and Nvidia are also involved.
- Apple has withdrawn from the funding talks, raising concerns about OpenAI's executive stability and financial health.
- OpenAI is considering restructuring its non-profit status to attract more investors, amid reports of high spending.
- CEO Sam Altman reassures employees that he does not plan to take a significant equity stake in the company.