New funding to build towards AGI
OpenAI Blog
OpenAI secured $40 billion in new funding at a $300 billion valuation to expand AI research and computing infrastructure. The company currently serves 500 million weekly ChatGPT users. The funding will allow OpenAI to develop more advanced AI capabilities and scale its operations.
Why it matters
Today we’re announcing new funding—$40B at a $300B post-money valuation, which enables us to push the frontiers of AI research even further, scale our compute infrastructure, and deliver increasingly powerful tools for the 500 million people who use ChatGPT every week.