OpenAI secures record funding

OpenAI has announced that it has raised $110 billion in a new private funding round. This is the largest investment of its kind ever made in the technology sector. Nvidia participated in the round with a $30 billion investment.

The new capital injection brings OpenAI's valuation to $730 billion. The company plans to use the funds to continue developing its large language models (LLMs) and to expand its computing infrastructure. This presumably includes purchasing even more high-performance GPUs, such as those produced by Nvidia, for model training and inference.

For those evaluating on-premise deployments, there are trade-offs to consider carefully. AI-RADAR offers analytical frameworks on /llm-onpremise to evaluate these aspects.