In a major coup for the tech industry, a start-up founded by Greg Brockman, the former Chief Technology Officer of OpenAI, has made waves with a staggering $2 billion fundraising haul. The company, which has yet to be publicly disclosed, has reportedly secured a valuation of $12 billion, a figure that underscores the immense confidence investors have in its vision for the future of artificial intelligence. As a key figure in the development of OpenAI's groundbreaking language model, ChatGPT, Brockman's involvement in this new venture has sparked significant interest among industry insiders and investors alike. With this substantial influx of capital, the start-up is poised to accelerate its research and development efforts, potentially paving the way for innovative breakthroughs in AI technology.
Former OpenAI CTO’s start-up raised $2bn last year at $12bn valuation