AI BriefingNew Investment Secured to Build AGI
Key point
OpenAI has secured a new $40 billion investment from SoftBank Group to develop AGI and expand its infrastructure.
Details
OpenAI has secured a new investment of $40 billion, valuing the company at $300 billion. The funding will be used to push the boundaries of AI research, expand computing infrastructure, and provide more powerful tools for ChatGPT, which is used by 500 million people every week.
In particular, the company is partnering with SoftBank Group to collaborate. With SoftBank's support, OpenAI plans to accelerate scientific discovery, enable personalized education, and pave the way toward AGI that benefits all of humanity.
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