
"OpenAI announced Friday it raised $110 billion-one of the largest private funding rounds ever. Amazon kicked in $50 billion and Nvidia and SoftBank each added $30 billion. The round values OpenAI at $730 billion, doubling its $300 billion valuation from just 11 months ago."
"ChatGPT now has 900 million weekly active users and 50 million paying subscribers, while 9 million businesses rely on the platform for work. Weekly users of Codex, its coding assistant, have tripled this year to 1.6 million."
"Building AI that works for everyone will require deep collaboration across the stack. The funding includes major infrastructure partnerships with Amazon and Nvidia, with OpenAI committing to consume billions in cloud services and computing power."
OpenAI secured $110 billion in funding, one of the largest private rounds ever, with major contributions from Amazon ($50 billion), Nvidia ($30 billion), and SoftBank ($30 billion). This funding round values OpenAI at $730 billion, doubling its valuation from 11 months prior. ChatGPT has grown to 900 million weekly active users and 50 million paying subscribers, with 9 million businesses using the platform. Codex, OpenAI's coding assistant, tripled its weekly users to 1.6 million this year. CEO Sam Altman emphasized that building AI for everyone requires deep collaboration across the technology stack. The funding includes major infrastructure partnerships with Amazon and Nvidia, with OpenAI committing to consume billions in cloud services and computing power.
Read at Entrepreneur
Unable to calculate read time
Collection
[
|
...
]