New Delhi: OpenAI has raised $40 billion at a $300 billion post-money valuation in order to boost the frontiers of AI research event further. It would help more powerful tools for the California-based artificial intelligence research organisation’s ace product ChatGPT, which is being used by 500 million people across the globe each week.

The fundraising came through by SoftBank Group, a Japanese multinational investment holding company based in Tokyo. OpenAI said the funding will enable them to build AI systems which will bolster features such as scientific discovery, enhancement of human creativity, and personalised education.

“Hundreds of millions people use ChatGPT each week,” said Sam Altman, the OpenAI chief executive.........

© News9Live