The startup behind ChatGP, which is reportedly planning to become a for-profit business, is now valued on par with Uber
OpenAI has raised $6.6bn (£5bn) in a funding round that values the artificial intelligence business at $157bn, with chipmaker Nvidia and Japanese group SoftBank among its investors.
The San Francisco-based startup, responsible for the ChatGPT chatbot, did not give details of a reported restructuring that will transform it into a for-profit business. The funding round was led by Thrive Capital, a US venture capital fund, and other backers include MGX, an Abu Dhabi-backed investment firm.
About Author
More Stories
What does Elon Musk want from all this politicking?
Norway to increase minimum age limit on social media to 15 to protect children
Rupert Murdoch’s Dow Jones and New York Post sue AI firm for ‘illegal copying’