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Creator of ChatGPT Startup OpenAI Raised $300 Million at $27 Billion to $29 Billion Valuation in Addition to Microsoft $10 Billion Strategic Investment in January 2023, Investors Include Sequoia Capital, Andreessen Horowitz, Thrive & K2 Global
6th May 2023 | Hong Kong
The creator of ChatGPT startup OpenAI has raised $300 million at $27 billion to $29 billion valuation in addition to Microsoft $10 billion strategic investment in January 2023. The investors in the $300 million round include Sequoia Capital, Andreessen Horowitz, Thrive and K2 Global. OpenAI has been reported to have a net loss of $540 million in 2022. Wiki: “OpenAI was founded in 2015 by Ilya Sutskever, Greg Brockman, Trevor Blackwell, Vicki Cheung, Andrej Karpathy, Durk Kingma, John Schulman, Pamela Vagata, and Wojciech Zaremba, with Sam Altman and Elon Musk serving as the initial board members. In December 2015, Sam Altman, Greg Brockman, Reid Hoffman, Jessica Livingston, Peter Thiel, Elon Musk, Amazon Web Services (AWS), Infosys, and YC Research announced the formation of OpenAI and pledged over $1 billion to the venture.”
“ Creator of ChatGPT Startup OpenAI Raised $300 Million at $27 Billion to $29 Billion Valuation in Addition to Microsoft $10 Billion Strategic Investment in January 2023, Investors Include Sequoia Capital, Andreessen Horowitz, Thrive & K2 Global “
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OpenAI
OpenAI is an AI research and deployment company dedicated to ensuring that general-purpose artificial intelligence benefits all of humanity. AI is an extremely powerful tool that must be created with safety and human needs at its core. OpenAI is dedicated to putting that alignment of interests first — ahead of profit. To achieve our mission, we must encompass and value the many different perspectives, voices, and experiences that form the full spectrum of humanity. Our investment in diversity, equity, and inclusion is ongoing, executed through a wide range of initiatives, and championed and supported by leadership. At OpenAI, we believe artificial intelligence has the potential to help people solve immense global challenges, and we want the upside of AI to be widely shared. Join us in shaping the future of technology.
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