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š OpenAIās valuation curve looks like a SpaceX launch From a non-profit in 2015 to a $157B AI powerhouse in 2024, Eric Flaningam's chart perfectly captures the wild trajectory. Some key moments: āŖļø 2015: Founded as a non-profit with $1B in funding āŖļø 2019: Microsoft steps in with $1B, OpenAI flips to a capped-profit model āŖļø 2022: ChatGPT launches, hits 100M users in two months āŖļø 2023: Microsoft doubles down with $10B, valuation jumps to $29B āŖļø 2024: OpenAI raises $6.6B at $157B
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OpenAIās Journey Till Now 2015: OpenAI is founded as a non-profit with $1B committed from supporters, but received just around $130M in total donations, which included less than $45M from Elon Musk and about $90M from other donors 2016-2017: Open
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Many successful private companies choose to conduct an initial public offering (IPO) to raise capital for further growth. However, going public doesn't seem to be in the cards for OpenAI since it began as a non-profit organization. But fear not, you
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OpenAI saga- Saturday Startup Story - 5 : In December 2015, Elon Musk, Sam Altman, and others co-founded OpenAI with a mission to ensure artificial general intelligence (AGI) benefits all of humanity. Initially structured as a non-profit, OpenAI aim
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The Whole Ai War Summurized! Nov 30, 2022: OpenAI launches ChatGPT (built on GPT-3.5). Dec 5, 2022: ChatGPT reaches 1 million users within five days, setting a world record. 2023; Jan 2023: ChatGPT achieves 100 million users within two months of l
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OpenAI's Massive Funding Round OpenAI, the AI powerhouse, is making big moves: ⢠Raising $6.5B at a whopping $150B valuation š ⢠Nearly doubling previous $86B valuation ⢠Seeking $5B credit line from banks š¦ Who's in? ⢠Thrive Capital leading ā¢
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Don't get me wrong, but I can't understand why Elon who is running a for-profit company (XAi) is making so much effort to not let OpenAi turn for profit I know that OpenAi was started as a non profit company, but they aldredy turned into a capped pr
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OpenAI-Microsoft Deal incoming āļø OpenAI aur Microsoft ke beech kuch bada hone wala hai! These two have been the AI kings since 2019, with Microsoft funding $13 billion to ChatGPT and other OpenAI projects. But now, theyāre sitting down to discuss
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Why open ai and sam altman are becoming a classic Netflix webseries for the future. 1. Ai as an evolution started by openai with their llm chatgpt. Remember whenever an path breaking thing happend in history there is a series on it. 2. Openai at 20
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