Since the beginning of the year, the sensational neural network ChatGPT has already left its mark on the venture capital market. But it's not the only tech company to raise new funds. Read about it in today's post
OpenAI has developed ChatGPT and DALL-E, generative neural networks that use artificial intelligence to create text and images. And the company has already attracted much attention: it could be valued at $29 billion. According to the Wall Street Journal, Thrive Capital and Founders Fund are ready to buy shares from current OpenAI shareholders and are discussing precisely that amount. The company expects to generate $1bn in revenue by 2024.
But it's not just funds that want to invest in OpenAI, other big IT companies are also interested! Microsoft plans to invest $10 billion in the company. Microsoft wants 75% of OpenAI's profits until it gets its money back. After that, it will take a 49% stake in OpenAI. Previously, Microsoft invested $1 billion in the company. Bill Gates said: "I'm very impressed with the pace of development of generative AI. I think it will have a huge impact on the world.
OpenAI was initially set up as an independent company, but it may be rethinking its priorities.
AI technology is being used in many areas, including translation. German start-up DeepL, for example, has raised a €1bn valuation round. At the end of the year, it was reported that the company was looking to raise $100-125 million. So now it's safe to say that DeepL is the new unicorn!
Web3 projects, which made a big splash last year and were seen as a major trend, also remain popular. Developments continue, and the field enters 2023 with $2.4 billion in investment. Total investment in Web3 projects in 2022 was $21.5 billion.
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