OpenAI raises more than $300 million in venture capital share sale

On the crest of popularity, OpenAI raises millions and millions of dollars to tap generative AIs.

  • A OpenAI, the company responsible for ChatGPT, recently announced a highly profitable share sale.
  • Sales were made to several prominent venture capital firms, including Tiger Global, Sequoia Capital, Andreessen Horowitz, Thrive and K2 Global.
  • According to TechCrunch, the assessment of OpenAI is estimated at between US$27 billion and US$29 billion.
  • Outside investors now own more than 30% of the company.
  • With these recent capital injections, it is expected that OpenAI can develop your generative artificial intelligence models even faster.

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