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Satyam Kumar

"Turning visions int...ย โ€ขย 3m

ChatGPT maker OpenAI has raised $40 billion in funding at a post-money valuation of $300 billion or over โ‚น25 lakh crore. This marks the largest capital raise to date by a startup. The investment stems from a partnership with Japanese conglomerate SoftBank, which will contribute $10 billion initially and another $30 billion by the end of 2025 if certain milestones are achieved. OpenAI said the massive funding will enable the company to โ€œpush the frontiers of AI research even further,โ€ with the goal of realizing artificial general intelligence (AGI).

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