Author - Mansur Ismagulov
The Tech AI
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OpenAI raised $40 billion at a $300 billion valuation. The key partner was SoftBank Group. The funds will be used to develop AI, infrastructure, and serve 500 million ChatGPT users.
OpenAI announced the raising of a new funding round of $40 billion at a post-money valuation of $300 billion. These funds will enable the company to expand its artificial intelligence research, scale its computational infrastructure, and develop more powerful tools for 500 million ChatGPT users.
A key partner in the deal is SoftBank Group, which has significant experience in scaling advanced technologies. SoftBank's support will help OpenAI continue developing AI systems that drive scientific discoveries, personalized learning, creativity, and bring us closer to creating artificial general intelligence for the benefit of all humanity.
Source: openai.com
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