As previously reported, OpenAI was valued at around $150 billion in total in the funding round. The overall evaluation of such financing rounds depends on what share of the company the investors get for their money.
Media: Apple decided against entry
OpenAI did not provide any information about who participated in the financing round. According to the Bloomberg news agency, these include financial investors such as Thrive Capital as well as Microsoft and the chip company Nvidia. According to previous media reports, Apple was also in talks but dropped out.
The “Financial Times”, citing informed people, wrote that OpenAI had asked interested donors not to invest in competing AI companies such as tech billionaire Elon Musk’s xAI.
AI is expensive
The training of AI models and their operation in huge data centers cost billions. And it is still unclear whether the business can sustain itself. OpenAI is now in competition with other AI companies such as Anthropic as well as tech giants such as Google and the Facebook group Meta, which are developing their own models. To date, Microsoft has been the main backer of OpenAI and incorporates the company’s technology into its products.
ChatGPT is the chatbot that sparked the artificial intelligence hype over a year ago. Such AI programs are trained with enormous amounts of information and can formulate texts at the linguistic level of a human, write software codes and summarize information. The principle behind it is that they estimate word by word how a sentence should continue./so/DP/he
ISIN US0378331005 US5949181045 US67066G1040 US30303M1027 US02079K1079
AXC0338 2024-10-02/19:53
