OpenAI has raised $6.6bn in a funding round that values the artificial intelligence business at $157bn, with major backers like Nvidia and SoftBank.
Sarah Friar emphasized ChatGPT's explosive growth, noting it serves over 250 million weekly active users, showcasing its broad impact and utility across challenges.
This funding round will help OpenAI significantly enhance its artificial intelligence research capabilities and compute capacity, essential for developing advanced AI models.
Despite a projected $5bn loss this year, the fundraising effort is aimed at doubling down on pioneering AI initiatives and infrastructure investments.
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