According to Bloomberg, OpenAI has completed a deal to raise $6.6 billion in new funding, giving the artificial intelligence company a $157 billion valuation.

The funding round was led by Thrive Capital, which put in $1.3 billion. Microsoft Corp., OpenAI's largest backer, put in about $750 million. Other investors included Khosla Ventures, Fidelity Management & Research Co. and Nvidia Corp.