💨 Abstract

Thrive Capital is investing over $1 billion in OpenAI's $6.5 billion fundraising round, with the potential for an additional $1 billion investment next year if revenue goals are met. OpenAI is predicting a surge in revenue from $3.7 billion in 2024 to $11.6 billion in 2025, while anticipating losses of up to $5 billion this year due to high spending on computing power.

Courtesy: theprint.in

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