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๐ OpenAIโs 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: โช๏ธ 2015: Founded as a non-profit with $1B in funding โช๏ธ 2019: Microsoft steps in with $1B, OpenAI flips to a capped-profit model โช๏ธ 2022: ChatGPT launches, hits 100M users in two months โช๏ธ 2023: Microsoft doubles down with $10B, valuation jumps to $29B โช๏ธ 2024: OpenAI raises $6.6B at $157B
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OpenAIโs 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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๐Microsoft and OpenAI Announce New Deal for Next Phase of Partnership! ๐ค Microsoft and OpenAI have announced a new partnership phase that could pave the way for OpenAI's IPO and its shift to a for-profit structure. This landmark deal strengthens A
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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: โข Raising $6.5B at a whopping $150B valuation ๐ โข Nearly doubling previous $86B valuation โข Seeking $5B credit line from banks ๐ฆ Who's in? โข Thrive Capital leading โข
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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 โ๏ธ 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, theyโre sitting down to discuss
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