The growth of Artificial Intelligence has been rapid in recent months, and OpenAI‘s latest numbers support that claim. The company received $110B in new investment from SoftBank, NVIDIA, and Amazon, with ChatGPT now boasting more than 900 million weekly active users and 50 million consumer subscribers.
OpenAI announced yesterday that it secured $30B from SoftBank, $30B from NVIDIA, and $50B from Amazon. The company plans to bring additional investors on board, which could push the valuation of OpenAI Foundation’s stake in OpenAI Group beyond its current $180B very soon. OpenAI released a statement on the recent round of funding, explaining its strategic partnerships and how it aims to reach more people and businesses:
“Today we’re announcing $110B in new investment at a $730B pre-money valuation. This includes $30B from SoftBank, $30B from NVIDIA, and $50B from Amazon. We’ve also signed a strategic partnership with Amazon and secured next generation inference compute with NVIDIA. Additional financial investors are expected to join as the round progresses.
“These partnerships expand our global reach, deepen our infrastructure, and strengthen our balance sheet so we can bring frontier AI to more people, more businesses, and more communities worldwide.”
OpenAI highlighted that the last two months saw a significant spike in subscribers, breaking previous records. Through the recent funding, the company aims to accelerate its reach to people for “daily use,” eventually achieving Artificial General Intelligence (AGI). The statement adds:
“ChatGPT is where people start with AI, with more than 900M weekly active users, and we now have more than 50 million consumer subscribers. Subscriber momentum accelerated meaningfully to start the year, with January and February on track to be the largest months for new subscribers in our history. People use ChatGPT to learn, write, plan, and build. As usage scales, the product improves in ways people feel immediately: faster responses, higher reliability, stronger safety, and more consistent performance.
“We are entering a new phase where frontier AI moves from research into daily use at global scale. Leadership will be defined by who can scale infrastructure fast enough to meet demand, and turn that capacity into products people rely on. This funding and these partnerships let us do both, and move faster on our mission to ensure AGI benefits all of humanity.”
Sam Altman, co-founder and CEO of OpenAI, revealed that he wants AI to be more useful to everyone, a goal that will be possible through recent partnerships. He said:
“We’re pushing the frontier across infrastructure, research, and products to make AI more capable, reliable, and broadly useful. SoftBank, NVIDIA, and Amazon are long-term partners who share our ambition to turn real scientific progress into systems that deliver meaningful benefits for people at global scale. Building AI that works for everyone will require deep collaboration across the stack, and we’re excited to do this together.”