No wonder investors were scrambling to invest in OpenAI. Alongside the announceme that it had raised $6.6 billion in funding, the company revealed that “every week, more than 250 million people around the world use the ChatGPT service to enhance their work, creativity and learning.” That’s a significa increase from late August, when OpenAI said the chatbot had 200 million weekly users.
Apparely, the ChatGPT service has managed to attract around 50 million more users in just 2 mohs. As of June, 350 million people used the ChatGPT service mohly, according to iernal documes obtained by The New York Times. However, it is not clear how many of these 350 million people use the paid subscription and how many use the free subscription of this service.
It is also not clear why the number of users has increased so dramatically in just a few mohs. However, the new academic year has started and studes may use ChatGPT service for academic and research purposes. OpenAI can probably expect ChatGPT’s user cou to get another big boost in the coming mohs due to its presence in the Apple Ielligence service.
Now that OpenAI is becoming a for-profit company, it’s making a nice profit in the process. The Wall Street Journal reported that OpenAI has raised $6.6 billion in new funding from investors, nearly doubling its value to $157 billion. The new funding also makes it the largest veure capital deal in history.
But this is not the only success of OpenAI in rece mohs; Investors jumped in after the artificial ielligence startup announced it was changing from a nonprofit charity to a for-profit, product-focused company. According to Axios, investors have the right to withdraw their funding if OpenAI fails to turn a profit.
Big investors who invested in OpenAI
Veure capital firm Thrive Capital, founded by the son of a real estate investor, led a new round of funding of $1.25 billion. Other investors include SoftBank, Nvidia, Fidelity Manageme and OpenAI’s previous largest investor, Microsoft.
One name that was notably abse from the list of investors is Apple. The tech gia was in talks with OpenAI for a financial deal, but apparely didn’t reach an agreeme.
