OpenAI raises $122 billion, valuing the company at $852 billion.

PANews reported on April 1st that OpenAI has completed a $122 billion funding round, valuing the company at $852 billion. This marks the company's largest funding round to date, supporting its significant investments in chips, data centers, and talent. The majority of the funds in this months-long funding round came from three major technology companies. Amazon agreed to invest $50 billion, while Nvidia and SoftBank Group each invested $30 billion. A large portion of Amazon's investment ($35 billion) hinges on OpenAI's ability to go public or achieve technological milestones in general artificial intelligence. This is the first time OpenAI has raised over $3 billion from individual investors through banking channels. OpenAI stated that it currently generates $2 billion in revenue per month. Enterprise sales currently account for 40% of its revenue, and this proportion is expected to increase to 50% by the end of the year.

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