# funding
Latest news and articles about funding
Total: 2 articles found
ChatGPT Nears Billion‑User Threshold as OpenAI Secures a Record $110bn War Chest
OpenAI says ChatGPT has reached 900 million weekly active users and more than 50 million paid subscribers, as subscription additions accelerated early in the year. The announcement coincided with a roughly $110 billion financing round led by Amazon, Nvidia and SoftBank, lifting OpenAI’s pre‑money valuation to about $730 billion and underscoring both the opportunity and the cost of scaling generative AI globally.
Geely Bets Big on In‑House AI: Chairman Yin Qi Bridges Big‑Model Firm and Smart‑Driving Unit as JiaYue Raises Over ¥5bn
Geely has accelerated efforts to internalise AI by appointing Yin Qi as chairman of both its smart‑driving unit Qianli Technology and the big‑model company JiaYue Xingchen, which has just closed a B+ round topping ¥5 billion. The move aims to fuse in‑house foundational models with production vehicle terminals to boost proprietary ‘model content’ and fast‑track agent‑driven cockpits and assisted‑driving features.