+- TFTC -- 28d ---------------------------------------------------------------------------------------------------[...]+ | | | 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] ---+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
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OpenAI just closed a $122 billion funding round at an $852 billion valuation. That's the largest private capitalraise in history.The numbers inside the announcement are staggering. OpenAI is now generating $2 billion in revenue per month. Ayear ago it was $1 billion per quarter. It claims to be growing revenue 4x faster than Google and Meta did atthe same stage.ChatGPT has over 900 million weekly active users and 50 million paid subscribers. It has 6x the web traffic andmobile sessions of the next largest AI app, and 4x the total time spent of every other AI app combined. Searchusage 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 APIsprocess more than 15 billion tokens per minute. Codex, their coding agent, has 2 million weekly users, up 5x inthree months.This is no longer a research lab. OpenAI is building infrastructure on the scale of the cloud platforms thatdefined the last two decades. Whether you're bullish or skeptical on AI, $122 billion in committed capital fromthis many institutions is a signal that can't be ignored.https://blossom.primal.net/e303973d1772c74f34d7cb90a425e64046afb2e2db3ef386fc0f17ce7f11a9b2.png
