OpenAI

Fund Details

This is a Wefunder-managed vehicle investing as part of OpenAI's latest round, second closing, at an implied valuation of $162B, with an 8% premium on the lead investor price.

Thrive Capital is investing $1B, Microsoft $1B, SoftBank $500M, with participation from Khosla Ventures, Altimeter Capital, Fidelity, Tiger Global, and NVIDIA. This investment opportunity is private and for accredited investors only.

We are allowed to accept a limited number of LPs. Our last funds were fully oversubscribed in <24 hours. You can reserve your allocation by making a commitment. We have a hard close in a week, so all funds must be available by Tuesday, Oct 8th EOD (wire only).

Our allocation is $1-3M, if you are interested in investing a larger size, we’ll be happy to check with the founders and see whether we can accommodate your investment. For any questions or additional information, please reach out to Mattia at mattia@wefunder.com.

OpenAI did not participate in preparing this fundraising material. This campaign page was prepared exclusively by Wefunder Advisors LLC.

OpenAI

Deep dive by Sacra: go to report (06.02.2024)

OpenAI is a leading artificial intelligence research and deployment company that has rapidly become the most influential player in the AI industry. Founded in 2015 by Sam Altman, Elon Musk, and others, OpenAI has made significant strides in developing advanced AI systems and models.

The company's strength lies in its ability to push the boundaries of AI capabilities while maintaining a focus on beneficial and ethical AI development. OpenAI's product lineup includes large language models like GPT-4, 4o, and o1, image generation models like DALL-E, and robotic systems. They've also developed platforms like the ChatGPT API, positioning themselves as a key provider of AI technologies for businesses and developers.

Today, OpenAI's business model is via subscriptions to its ChatGPT Plus product. Pricing is on the flat rate of $20/month. They make money via usage-based API products for GPT-3 and GPT-4, and enterprise customers for the DALL-E image model, Whisper audio model, fine-tuning and embedding.