AI BriefingNew Investment Secured to Expand AI Benefits
Key point
OpenAI has secured $6.6B in new investment, reaching a valuation of $157B.
Details
OpenAI has secured $6.6 billion ($6.6B) in new investment to accelerate progress on its mission. This investment brings OpenAI's valuation to $157 billion ($157B) (post-money valuation).
The funds raised will be used to strengthen frontier AI research capabilities, expand compute capacity, and continue developing tools that can help solve humanity's hardest problems.
Currently, ChatGPT is used by more than 250 million people worldwide every week, across areas such as work, creativity, and learning. OpenAI plans to collaborate with key partners, including the US and allied governments, to maximize the potential of AI technology and build an AI ecosystem that benefits everyone.
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