OpenAI secured $8.3 billion funding

cnbc.com

OpenAI has raised $8.3 billion, boosting its annual recurring revenue to $13 billion as paid ChatGPT users reach five million. The funding round was oversubscribed, with Dragoneer Investment Group contributing $2.8 billion. OpenAI's revenue is projected to exceed $20 billion by year-end. This capital infusion comes amid intense competition in the AI sector, with rivals like Anthropic also seeking significant funding.


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