Overview
- OpenAI, which closed the $122 billion funding round Wednesday, is now valued at $852 billion with Amazon, Nvidia and SoftBank anchoring and more than $3 billion from individual investors.
- The company says it will roll ChatGPT, Codex, web browsing and agent-like tools into one superapp that handles tasks end to end through a single interface.
- OpenAI shut down its Sora video project to free scarce computing power, after the Wall Street Journal reported it was losing about $1 million per day and Disney was reportedly caught by surprise.
- Reported scale now includes roughly $2 billion in monthly revenue, more than 900 million weekly ChatGPT users and over 50 million subscribers, with enterprise sales nearing half of total.
- To support growth, OpenAI expanded a $4.7 billion revolving credit line and lined up multi-cloud and chip partners across Microsoft, Oracle, AWS, Google Cloud, Nvidia, AMD and a custom Broadcom effort.