💨 Abstract

OpenAI, the creator of ChatGPT, announced a $40 billion funding round led by SoftBank Group, valuing the AI company at $300 billion. The investment will be used to advance research, expand infrastructure, and enhance tools. Microsoft and other investors are also contributing. The aim is to deliver powerful AI tools to the 500 million weekly users of ChatGPT.

Courtesy: theprint.in

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