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OpenAI with historic funding round. This is how the power of AI grows


OpenAI, the creator of ChatGPT, closed an investment round worth USD 110 billion, reaching a valuation of USD 730 billion. (without taking into account new capital). The funds obtained are to be used primarily for the expansion of computing infrastructure, the purchase of advanced chips and attracting the best specialists in artificial intelligence. The scale of investment shows that the development of AI has become one of the most capital-intensive sectors of the global economy, writes Bloomberg.

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The largest investor was Amazon, which allocated USD 50 billion for this purpose, while SoftBank and Nvidia invested USD 30 billion each. The presence of the manufacturer of today's most important GPU systems for AI is not accidental – it is access to computing power and semiconductors that determines the pace of model development.

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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