OpenAI Raises Record $40 Billion, Ushering in New Era for AI

OpenAI has achieved a historic milestone, securing $40 billion in funding that makes it the largest private investment ever for a technology company. This groundbreaking round catapulted OpenAI’s valuation to an astounding $300 billion, placing it among the world’s most valuable private tech companies. The influx of capital was led by SoftBank, which invested a substantial $30 billion in the company. Other investors like Microsoft, Coatue Management, Altimeter Capital, and Thrive Capital also joined the investment pool. 💰