This week, OpenAI announced that it had closed a new financing round of $122 billion in committed capital at a post-money valuation of $852 billion - one of the largest private funding rounds in history. The round was anchored by Amazon, which committed $50 billion, alongside Nvidia and SoftBank at $30 billion each. Microsoft, OpenAI's longtime partner, also participated. Additional investors included Andreessen Horowitz, D. E. Shaw Ventures, MGX, TPG, and T. Rowe Price Associates.

OpenAI is an AI research and deployment company dedicated to ensuring that general-purpose artificial intelligence benefits all of humanity. AI is an extremely powerful tool that must be created with safety and human needs at its core.