OpenAI’s investment attraction scale is growing. This time, Tiger Global Management has joined the investment negotiation. In step with this, OpenAI announced that the variety of paid ChatGPT users has exceeded 11 million.
Citing a well-informed source, Reuters reported on the 14th that Tiger Global plans to take part in OpenAI’s ongoing $7 billion (roughly KRW 9.3 trillion) funding round.
Tiger Global made a reputation for itself because the world’s largest startup investor, having revamped 300 investments in 2021. This yr, it has slowed down and took part in just 19 deals.
That is the second investment in OpenAI, with $125 million invested in 2019 when the corporate was valued at $14.5 billion.
But now, five years later, OpenAI’s valuation has grown to $150 billion (about 200 trillion won), greater than tenfold. The investment amount is unknown, but Thrive Capital is anticipated to take a position $1 billion.
This brings the variety of investors known to be participating in OpenAI’s investment negotiations to 6, including Thrive, Tiger Global, Microsoft (MS), Apple, Nvidia, and MGX of the United Arab Emirates.
The Information also reported that existing investor Khosla Ventures was set to hitch soon. Other existing investors include Sequoia Capital, Founders Fund, and Andreessen Horowitz. It’s unclear whether they may take part in this round.
Meanwhile, it was also reported that ChatGPT has 11 million paid users.
In line with insiders, OpenAI COO Brad Lightcap recently sent an email to employees saying that ChatGPT now has over 10 million paid users, with one other million on its premium enterprise plan.
OpenAI has not made this public, nevertheless it appears to be showing off its rapidly growing sales according to recent investment.
In relation to this, the day past, the Wall Street Journal reported that OpenAI’s annual recurring revenue (ARR) exceeded $4 billion.
Reporter Im Dae-jun ydj@aitimes.com
