The company intends to use this capital injection to accelerate progress towards its mission: ensuring that artificial general intelligence (AGI) benefits all of humanity.

Every week, over 250 million people globally rely on ChatGPT to improve their work, boost creativity, and enhance learning. OpenAI’s platform is increasingly being adopted across industries, driving productivity improvements in businesses and enabling developers to create a new generation of AI-driven applications.

With this new funding, OpenAI plans to double down on its leadership in frontier AI research and increase its compute capacity, which is essential for powering future developments. The company also intends to continue building tools that address complex challenges, further expanding AI’s potential to solve real-world problems.

In a statement, OpenAI expressed gratitude to its investors and reiterated its goal of making advanced intelligence a widely accessible resource. The company looks forward to working with its partners, developers, and the broader community to shape an AI-powered ecosystem that delivers benefits on a global scale.

“By collaborating with key partners, including the US and allied governments, we can unlock this technology's full potential,” OpenAI stated, highlighting its commitment to ensuring AI's responsible and widespread use.

The latest funding comes shortly after the company announced a significant restructure, transforming it into a for-profit benefit corporation.