Openai becomes most funded AI company
New York, US – The explosive growth of the artificial intelligence (AI) market has drawn huge attention from venture capital (VC) investors, who poured billions of dollars into AI companies and startups, even when most other sectors saw a considerable funding drop. And while AI companies, in general, have become a new shiny object for investors, one of them stands out.
According to data presented by Stocklytics.com, Openai is the most funded AI company in the world, with $14bn raised in funding rounds so far.
The release of Openai`s CHATGPT marked a turning point for the AI industry. The chatbot, which became the fastest-growing app in history with 100mn users in just two months, turned artificial intelligence into one of the biggest stories in 2023 and started an AI renaissance that continued this year. So, it is unsurprising that the CHATGPT owner, Openai, has drawn the most attention from VC investors.
CB Insight's analysis of the 100 most promising AI startups shows that Openai raised over $14bn in capital through partnerships with Microsoft and other investments, pushing valuation to a whopping $80bn. This figure is even more impressive when compared to the capital raised by other most-funded AI companies.
Anthropic, the company behind CHATGPT competitor Claude, is in second place with $4.2bn raised in funding rounds, or three times less than Openai. The big data analysis platform Databricks ranked third with $4bn, followed by Shield AI'S $1bn. All other most-funded AI companies raised less than one billion dollars in funding rounds.
The US AI robotics company, Figure, raised $854mn of fresh capital. Mistral AI, a French company founded just a year ago by former Meta and Google DeepMind employees, is one place behind with $544mn raised in less than twelve months. Another two US companies, Lightmatter and Adept, follow with $422mn and $415mn, respectively.
With $14bn of fresh capital poured into its business, Openai has climbed to the top of the global unicorn club. Valued at $80bn, the CHATGPT maker is now the world's third most valuable unicorn company in the world behind Bytedance and Spacex.