OpenAI Valued at $300B in Latest Funding Round Led by SoftBank
OpenAI has closed a new funding round that values the company at $300 billion.
OpenAI has closed a new funding round led by SoftBank that values the company at $300 billion, cementing its position as one of the most valuable private companies in history.
The round, which included participation from Microsoft, Thrive Capital, and several sovereign wealth funds, raised $6.6 billion in new capital.
The Path to Profitability
OpenAI revenue has grown from $1 billion in 2022 to an estimated $3.4 billion annualized run rate, driven by ChatGPT subscriptions and API revenue from enterprise customers.
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