OpenAI finalises deal for $40 billion in investments, raising company value up to $300 billion, but there's a catch to receive it all

OpenAi logo .

ChatGPT creator OpenAI has been made an offer it can't refuse, otherwise known as a highly valued round of investments, but to get all of it, OpenAI needs to shift away from its original non-profit approach.

Shared on the OpenAI website, the latest round of funding totals plans to invest $40 billion into the company, for a company valuation of $300 billion. The blog post states this "enables us to push the frontiers of AI research even further" and finishes off by bragging that ChatGPT is used by 500 million people every week.