OpenAI is a global leader in artificial intelligence, best known for developing ChatGPT and the GPT series of large language models that have become foundational to the AI revolution. With transformative products across consumer, enterprise, and research, OpenAI is redefining how people interact with technology—and with over 600,000 paying ChatGPT subscribers and 3 million business users, it’s seeing explosive enterprise demand for its tools.
The company has raised $8.3 billion in a new funding round led by Dragoneer Investment Group, which contributed $2.8 billion, with participation from Blackstone, Sequoia Capital, and Andreessen Horowitz—valuing the company at $300 billion. The round also saw backing from TPG, T. Rowe Price, Fidelity, Founders Fund, Coatue, Altimeter, D1 Capital, Tiger Global, and Thrive Capital.
OpenAI, headquartered in San Francisco, California, United States, was founded in 2015 by Sam Altman, Elon Musk, Ilya Sutskever, Greg Brockman, Trevor Blackwell, Vicki Cheung, Andrej Karpathy, Durk Kingma, John Schulman, Pamela Vagata and Wojciech Zaremba. In 2019, the company joined the unicorn club. The new funding will help OpenAI expand its technical infrastructure, deepen safety research, and continue working toward its long-term goal of building AGI that benefits all of humanity.
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