BlockBeats news: On February 28, according to market reports, OpenAI is expected to raise approximately $10 billion from investors before March. This additional funding will value OpenAI at $850 billion.
Yesterday, OpenAI officially announced the completion of a new funding round, raising an unprecedented $110 billion, with a pre-money valuation of $730 billion—the largest single funding round in corporate history. Major investors include Amazon, investing $50 billion; NVIDIA, investing $30 billion; and SoftBank, investing $30 billion.
OpenAI officially stated that this substantial funding will primarily be used to accelerate AI infrastructure development, expand computing power, and advance research into next-generation frontier models, furthering its mission to make AI beneficial to everyone.
