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0 -0.000115123503817671 0.00123588467333706 0.00106658540301695 0.00259027883589832 5.07897810960454E-05 0.00259027883589832 0.00259027883589832
Stock impact report

OpenAI gets that bag with a $6.6 billion funding round [Yahoo! Finance]

SOFTBANK GRP UNSP/ADR (SFTBY) 
NASDAQ:AMEX Investor Relations: softbank.jp/en/corp/irinfo/presentations
Company Research Source: Yahoo! Finance
“Every week, over 250 million people around the world use ChatGPT to enhance their work, creativity, and learning,” the company wrote in its announcement post . “The new funding will allow us to double down on our leadership in frontier AI research, increase compute capacity, and continue building tools that help people solve hard problems.” Existing backers such as Thrive Capital, Khosla Ventures, and Microsoft were joined by newcomers SoftBank and Nvidia. Apple, which had previously been in talks to invest, backed out earlier this week The funding news comes as OpenAI considers restructuring its core business from a nonprofit to a for-profit model in an effort to make itself more attractive to investors. “We remain focused on building AI that benefits everyone, and we're working with our board to ensure that we're best positioned to succeed in our mission. The nonprofit is core to our mission and will continue to exist,” an OpenAI spokesperson told Reuters at the time. The in Show less Read more
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