Tech Company Financing Transactions

OpenAI Funding Round

OpenAI, based in San Francisco, raised $100 million from Microsoft.

Transaction Overview

Company Name
Announced On
5/17/2023
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Undisclosed
Investors

Microsoft (Satya Nadella)

Proceeds Purpose
The company intends to use the funds to accelerate growth, both organically and externally, and expand operations.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
3180 18th St.
San Francisco, CA 94110
USA
Phone
Undisclosed
Email Address
Overview
OpenAI's mission is to ensure that artificial general intelligence benefits all of humanity. We're a team of a hundred people based in San Francisco, California. The OpenAI Charter describes the principles that guide us as we execute on our mission.
Profile
OpenAI LinkedIn Company Profile
Social Media
OpenAI Company Twitter Account
Company News
OpenAI News
Facebook
OpenAI on Facebook
YouTube
OpenAI on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Sam Altman
  Sam Altman LinkedIn Profile  Sam Altman Twitter Account  Sam Altman News  Sam Altman on Facebook
Chief Scientific Officer
Ilya Sutskever
  Ilya Sutskever LinkedIn Profile  Ilya Sutskever Twitter Account  Ilya Sutskever News  Ilya Sutskever on Facebook
Chief Technical Officer
Gregory Brockman
  Gregory Brockman LinkedIn Profile  Gregory Brockman Twitter Account  Gregory Brockman News  Gregory Brockman on Facebook


 

 

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We do our best to report on every notable VC transaction. VC transactions reported here come from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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