OpenAI has closed a funding round at a $200 billion valuation, making it the most valuable private company in history, surpassing SpaceX and reflecting the extraordinary investor confidence in artificial general intelligence.

The Numbers

The $10 billion round was led by Microsoft, SoftBank, and Abu Dhabi's Mubadala. OpenAI's annualized revenue has reached $20 billion, growing at 200% year-over-year with ChatGPT generating the majority of consumer revenue.

Path to AGI

CEO Sam Altman stated that OpenAI is "closer than most people think" to artificial general intelligence, though he declined to give a specific timeline.