What is OpenAI's latest valuation after the funding round?

OpenAI's valuation has reached $730 billion following a $110 billion funding round.

Which major companies are investing in OpenAI?

SoftBank, Nvidia, and Amazon are among the major companies investing billions in OpenAI.

How many weekly active users does ChatGPT have?

ChatGPT has surpassed 900 million weekly active users.

Home / Technology / OpenAI Secures $110 Billion Funding Boost

OpenAI Secures $110 Billion Funding Boost

27 Feb

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Summary

OpenAI secures $110 billion funding, valuing the company at $730 billion.
SoftBank, Nvidia, and Amazon commit billions to the AI leader.
ChatGPT surpasses 900 million weekly active users globally.

OpenAI has announced a landmark $110 billion funding round, propelling its valuation to $730 billion. This investment, among the largest in Silicon Valley history, features significant contributions from SoftBank ($30 billion), Nvidia ($30 billion), and Amazon (up to $50 billion). The company is forging strategic partnerships with Amazon and Nvidia to bolster its computing power and AI development capabilities.

These partnerships include OpenAI utilizing two gigawatts of computing capacity from Amazon's AWS. Despite the massive capital injection, OpenAI faces intense competition from rivals like Anthropic and Google's Gemini. The company is also exploring new revenue streams, including advertising for non-premium users, as it anticipates significant operational costs through 2030.

User metrics indicate robust adoption, with ChatGPT nearing one billion weekly active users and millions of businesses leveraging its services. This funding aims to support OpenAI's ambitious growth and development plans in the rapidly evolving AI landscape.

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