Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Fintech»ChatGPT Creator OpenAI Secures Gigantic Funding Boost
    Fintech

    ChatGPT Creator OpenAI Secures Gigantic Funding Boost

    October 13, 20241 Min Read


    OpenAI: An expanding influence and some emerging challenges

    The report highlighted that ChatGPT, OpenAI’s conversational AI, now has over 200 million weekly active users, doubling in just a year. The company has made strides into the corporate world, securing strategic partnerships and developing enterprise solutions.

    It’s reported that an astounding 92% of Fortune 500 companies are utilising OpenAI’s technologies, showcasing AI’s penetration into large enterprises.

    Significant among these partnerships is the collaboration with PwC, making it both the biggest client and first official reseller of ChatGPT for enterprises. Over 100,000 PwC staff across the US and UK will use this sophisticated AI tool, indicating a major shift in business operations.

    The introduction of GPT-4o mini and SearchGPT, reveals OpenAI’s intent to broaden its technological horizons and stay ahead in the AI arms race.

    The report closes on a note about Thrive Capital’s US$1.2bn commitment, with a potential additional US$1bn investment next year depending on OpenAI hitting certain revenue milestones.


    Make sure you check out the latest edition of FinTech Magazine and also sign up to our global conference series – FinTech LIVE 2024.


    FinTech Magazine is a BizClik brand



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    The Most Topical Issue in Fintech Today

    Fintech

    Thawani wins Visa licence to issue credit cards, a first for Oman’s fintech

    Fintech

    Dubai to launch new financial centre powering fintech and digital asset growth

    Fintech

    PB Fintech Sees 165% Q2FY26 Profit Due to Insurance Premiums

    Fintech

    Fintech–nonprofit partnerships and the future of mortgage access

    Fintech

    Lesaka’s fintech platform deepens reach in South Africa’s township markets

    Fintech
    Leave A Reply Cancel Reply

    Top Picks
    Precious Metal

    Lorraine. Silver économie : un business en or ?

    Fintech

    How Fintech Startup MNZL is Making Lending Accessible to Egyptians

    Cryptocurrency

    Check rates of Bitcoin, Tether, Ethereum, Dogecoin

    Editors Picks

    Tata Steel, Jindal & other metal stocks jumps 5% China capacity cuts

    September 3, 2025

    la date d’arrivée Franco Mastantuono est connue

    June 11, 2025

    Five Strategies to Strengthen Your Position as a Reputable Broker

    August 4, 2025

    Chinney Investments prévoit une augmentation de sa perte annuelle

    June 13, 2025
    What's Hot

    Reality check: N. Korea’s agricultural mechanization vs. rising hand tool costs

    May 29, 2025

    A new era for copper, uranium and gold? – Justin Lin

    March 12, 2025

    US wholesale: Week 40 ‘market pulse’ updates available on key seafood commodities

    September 29, 2025
    Our Picks

    Fool’s Gold or Hidden Gems? Week 6 Regression Picks

    October 12, 2024

    The energy price cap will rise by 2% in October – is it worth fixing your tariff now?

    August 27, 2025

    Tether Explores Diving Into The Commodity Trading Sector With New Lending Initiative

    October 16, 2024
    Weekly Top

    burning gas to go green – The Irish Times

    October 30, 2025

    Groww IPO to fund expansion into wealth, PMS and commodities

    October 30, 2025

    Another metal just hit a record high — and it’s not gold

    October 30, 2025
    Editor's Pick

    Les actifs sous gestion de Navigator Global Investments ont augmenté de 0,4 % au cours du trimestre de mars

    April 15, 2025

    How to Invest in Treasury STRIPS (Zero-Coupon Bonds)

    August 26, 2025

    Celebrating the University’s rich agricultural history: Journey of the Rafter 7 Merino sheep

    August 6, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.