OpenAI rakes in over 6 billion in new funding

Now that OpenAI is becoming a for-profit company, it's making a tidy profit in the process. The Wall Street Journal reported that OpenAI has raised 6.6 billion in new funding from investors, nearly doubling its value to 157 billion. The new funding also makes it the largest venture capital deal in history. The new investors jumped on board after the artificial intelligence startup planned to switch from a charitable non-profit to a for-profit, product-focused company. If OpenAI fails to make the move to for-profit, investors have the right to pull their funding, according to Axios.