OpenAI’s undefined revenue streams fumbled a $30 billion investment but later saw a $500 billion kickback with “a clear focus of converting to a for-profit entity”
OpenAI found itself in a tight spot financially, facing potential bankruptcy with estimates suggesting a staggering $5 billion loss. Yet, it seems that the creators of ChatGPT were granted a reprieve as they received additional funding from investors like Microsoft, NVIDIA, Thrive Capital, SoftBank, and others, totaling an impressive $6.6 billion. This fresh injection of capital has boosted OpenAI’s market value to a massive $157 billion.