OpenAI Secures $40 Billion Funding to Enhance AI Research
- OpenAI received $40 billion in new funding led by SoftBank.
- The funding round included contributions from Microsoft.
- OpenAI’s post-money valuation is now $300 billion.
- ChatGPT gained two million users in five days following an upgrade.
- The company plans to introduce rate limits due to high resource use.
OpenAI announced a $40 billion funding round, raising its valuation to $300 billion. This surge in investment, led by SoftBank and including Microsoft, aims to advance AI research and infrastructure. The recent upgrade of ChatGPT attracted two million new users but also required temporary rate limits due to increased resource demands.
Source (2.6)https://decrypt.co/312552/openais-40b-funding-round-japans-softbank?rand=52368
