OpenAI becomes third-largest startup following latest funding round: report
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Contributor since / Followers
Contributor since / Followers
3 months ago
Justin Sullivan
- Microsoft-backed (NASDAQ:MSFT) OpenAI completed its latest fundraising round of $6.5B, propelling the company to a valuation of $150B, making it the third-highest valued startup in the world, according to a report by Bloomberg.
- It only trails TikTok owner ByteDance (BDNCE) and Elon Musk’ SpaceX in terms of valuation of a startup. Those are valued at $225B and $200B, respectively, according to Statista.
- This is breaking news…