Sam Altman introduced on Friday that OpenAI has raised $110 billion in a blockbuster funding spherical that will worth the ChatGPT maker at $840 billion.
The spherical, among the many largest personal capital raises on report , features a $30 billion funding from SoftBank, $30 billion from Nvidia, and $50 billion from Amazon, Reuters reported.
The funding comes forward of the AI startup’s broadly anticipated mega-IPO later this yr, with extra traders anticipated to affix because the spherical progresses, OpenAI stated.
“We now have raised a $110 billion spherical of funding from Amazon, NVIDIA, and SoftBank. We’re grateful for the help from our companions, and have plenty of work to do to deliver you the instruments you deserve,” Altman wrote in a X (previously Twitter) submit on Friday.
(Extra to come back)