OpenAI secures record $110 billion in latest funding round
OpenAI, the creator of ChatGPT, has raised $110 billion in its latest investment round from major players including SoftBank, Nvidia, and Amazon. The company’s valuation has reached $730 billion, marking the largest funding round ever for a startup.
SoftBank and Nvidia each invested $30 billion, while Amazon contributed $50 billion. This substantial funding highlights the growing importance of artificial intelligence and OpenAI’s leading position in the global tech industry.
This unprecedented funding round is likely to accelerate new AI developments and wider adoption across various sectors and businesses in the near future.