OpenAI confirmed that it has closed its latest (and successful) funding round, wherein it raised $6.6 billion and elevated its valuation to an impressive $157 billion. For comparison, OpenAI was valued at $80 billion earlier this year.
We are making progress on our mission to ensure that artificial general intelligence benefits all of humanity. Every week, over 250 million people around the world use ChatGPT to enhance their work, creativity, and learning.
Across industries, businesses are improving productivity and operations, and developers are leveraging our platform to create a new generation of applications. And we’re only getting started,” OpenAI noted.
The funding round also included the participation from several other prominent investors, including Microsoft, Nvidia, SoftBank, Khosla Ventures, Altimeter Capital, Fidelity, and MGX.
OpenAI’s $6.5 billion funding round has been the cause of speculation for weeks, and now, the AI firm has confirmed the development.
OpenAI confirmed that it has closed its latest (and successful) funding round, wherein it raised $6.6 billion and elevated its valuation to an impressive $157 billion. For comparison, OpenAI was valued at $80 billion earlier this year.
We are making progress on our mission to ensure that artificial general intelligence benefits all of humanity. Every week, over 250 million people around the world use ChatGPT to enhance their work, creativity, and learning.
Across industries, businesses are improving productivity and operations, and developers are leveraging our platform to create a new generation of applications. And we’re only getting started,” OpenAI noted.
This round of funding is one of the largest private investments so far.
The new round of funding was led by venture capital firm Thrive Capital (which confirms prior reports on the matter).
The funding round also included the participation from several other prominent investors, including Microsoft, Nvidia, SoftBank, Khosla Ventures, Altimeter Capital, Fidelity, and MGX.
With this, OpenAI has raised a total of $17.9 billion across funding rounds ever since it was founded.