Jaden Schaefer

Welcome to the podcast.

I'm your host, Jaden Schaefer.

Today on the podcast, we're talking about the latest news from OpenAI, which includes a $110 billion round of funding they just

completed, and they have just reached 900 million weekly active users on ChatGPT.

We're going to get into all of that, including what their COO has been saying about the rollout of ads into ChatGPT.

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All right, let's talk about what's going on with OpenAI.

So like I mentioned, they've just raised $110 billion in private funding.

I mean, basically, this is one of the largest funding rounds in history.

The round had $50 billion from Amazon, $30 billion from Nvidia, and also $30 billion from SoftBank.

And then they had a $730 billion pre-money valuation for this.

So the entire round is open.

They have additional investors that are expected to join in the coming months.

It's kind of interesting when you have around this big.