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Satyam Kumar

"Turning visions int... • 1d

ChatGPT maker OpenAI has raised $40 billion in funding at a post-money valuation of $300 billion or over ₹25 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 “push the frontiers of AI research even further,” with the goal of realizing artificial general intelligence (AGI).

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