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OpenAI Raises $122 Billion at $852 Billion Valuation
Summary by The Epoch Times
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2 Articles
OpenAI Raises $122 Billion at $852 Billion Valuation
OpenAI announced on Tuesday that it closed its latest funding round with $122 billion at an $852 billion valuation, its largest round to date. Softbank co-led the round alongside a16z, D. E. Shaw Ventures, MGX TPG, and T. Rowe Price Associates. Amazon, Softbank, and NVIDIA invested $50 billion, $30 billion, and $30 billion, respectively, while over $3 billion was raised from individual investors. “This funding gives us the resources to continue …
·New York, United States
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The most recent investment round of OpenAI puts the company's assessment of ChatGPT in EUR 738 billion. The company has sought to focus its resources in order to reduce costs and maximize revenue.
·Portugal
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Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
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100% Right
R 100%
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