Investment Details
raised $6.6 billion, with a valuation reaching $157 billion, involving major investors like , , , and .
The funding supports OpenAI's transition to a for-profit model, moving away from its nonprofit roots, and includes convertible notes pending structural changes.
Financial and Structural Changes
OpenAI plans to use the funds for liquidity options for employees and aims for significant revenue growth, projecting $11.6 billion next year.
Despite key personnel changes, investor confidence remains high, securing terms for capital protection during OpenAI's complex restructuring.