TFTC -- 26d [root] [-]
|    OpenAI just closed a $122 billion funding round at an $852 billion valuation. That's the largest private capital
|    raise in history.
|    
|    The numbers inside the announcement are staggering. OpenAI is now generating $2 billion in revenue per month. A
|    year ago it was $1 billion per quarter. It claims to be growing revenue 4x faster than Google and Meta did at
|    the same stage.
|    
|    ChatGPT has over 900 million weekly active users and 50 million paid subscribers. It has 6x the web traffic and
|    mobile sessions of the next largest AI app, and 4x the total time spent of every other AI app combined. Search
|    usage has tripled in a year. Their ads pilot hit $100 million in annualized revenue in under six weeks.
|    
|    The investor list reads like a roll call of the largest pools of capital on earth: Amazon, Nvidia, SoftBank,
|    Microsoft, a16z, BlackRock, Fidelity, Sequoia, Goldman Sachs, JPMorgan, and dozens more. For the first time,
|    they opened participation to individual investors through bank channels, raising over $3 billion from retail.
|    OpenAI will also be included in ARK Invest ETFs.
|    
|    Enterprise now makes up over 40% of revenue and is on track to match consumer by the end of the year. Their APIs
|    process more than 15 billion tokens per minute. Codex, their coding agent, has 2 million weekly users, up 5x in
|    three months.
|    
|    This is no longer a research lab. OpenAI is building infrastructure on the scale of the cloud platforms that
|    defined the last two decades. Whether you're bullish or skeptical on AI, $122 billion in committed capital from
|    this many institutions is a signal that can't be ignored.
|    https://blossom.primal.net/e303973d1772c74f34d7cb90a425e64046afb2e2db3ef386fc0f17ce7f11a9b2.png
|    reply [1 reply]