OpenAI Valued at $300 Billion After $40 Billion Investment Round

San Francisco-based OpenAI, creator of ChatGPT, has secured $40 billion in a new investment round, valuing the company at $300 billion. This positions OpenAI among the world's largest private companies. The funding, led by SoftBank, will support AI research and development, aiming to enhance scientific discovery, personalized education, and human creativity. OpenAI also plans to improve ChatGPT for its 500 million weekly users.