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Chase Coleman is the Founder of Tiger Global Management. Business Insider/ Mike Nudelman OpenAI announced it raised $6.6 billion in new funding at a $157 billion post-money valuation. Tiger Global Management is part of this round, according to two sources familiar with the matter. Tiger purchased $125 million worth of OpenAI shares at the end of 2021. Tiger Global Management is doubling down on OpenAI, investing in the ChatGPT maker's massive new funding round, according to a source familiar with the matter. OpenAI announced Wednesday it raised $6.6 billion in new funding at a $157 billion post-money valuation. Thrive Capital is leading the round, according to Bloomberg. Other investors in this round include Cathie Wood's ARK Venture Fund, Microsoft, Nvidia, Fidelity, and Altimeter. The amount of Tiger's investment couldn't be learned but investors are required to put in a minimum of $250 million, The Information previously reported. Tiger Global, founded

Dockworkers at the Port of Baltimore are part of a port strike extending from Maine to Texas. Stephanie Scarbrough/Associated Press A port workers' strike from Maine to Texas could deliver a major hit to the US economy. The key to how much damage is done will be how long it lasts, logistics experts told BI. A prolonged strike could lead to shortages of perishable goods and to higher prices. A strike involving port workers from Maine to Texas could inflict major damage to the US economy. How high the economic wreckage piles up will depend on how long dockworkers are on the picket lines, logistics experts told Business Insider. A strike lasting a week or two would create backlogs but would carry minimal economic costs outside of areas that depend on port activity, according to Adam Kamins, an economist at Moody's Analytics. But "anything longer will lead to shortages and upward price pressures," Kamins said. He noted that shipment of food and automobiles c