OpenAI raises additional $10 billion from Andreessen Horowitz, Microsoft, others; CFO says record funding round now exceeds $120 billion, surpassing initial $100 billion target ahead of potential IPO.

OpenAI raises additional money to bring record funding round to $120 billion, CFO tells Cramer

OpenAI is raising an additional $10 billion from investors as part of its historic funding round, CFO Sarah Friar told CNBC's Jim Cramer on Tuesday.The fresh capital brings OpenAI's record fundraise to "north of $120 billion," Friar said in an interview on "Mad Money." That well exceeds the ChatGPT creator's initial target of $100 billion. OpenAI announced the first tranche of investment in late February, and it's been seen as possibly its last private fundraise before a potential blockbuster in...