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OpenAI: $40 Billion Funding to Redefine the Boundaries of AI Research!

M. Blattmann
Reading Time: 2 minutes

The Japanese technology investor Softbank is contributing $30 billion, with an additional $10 billion coming from a consortium of investors that includes Microsoft and venture capitalists Altimeter, Coatue, and Thrive. With the fresh funding, OpenAI aims to push the boundaries of AI research further, scale its computing infrastructure, and optimize its tools. Already, 500 million people use ChatGPT every week. These figures reflect an increase of 100 million users compared to February. Investors demand a restructuring of OpenAI into a profit-oriented...

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