OpenAI Secures $40 Billion Investment, Valuing Company at $300 Billion
OpenAI, the artificial intelligence research organization renowned for developing ChatGPT, has secured a monumental $40 billion in a funding round led by SoftBank Group. This investment elevates OpenAI’s valuation to an impressive $300 billion, positioning it as the second-largest private company globally, surpassing established giants like McDonald’s and Chevron. Investment Details and Structure The …