As of early 2024, OpenAI, the company behind ChatGPT, is nearing a valuation of $100 billion following its latest round of funding. This makes it one of the most valuable companies in the AI sector.
OpenAI's ChatGPT platform, which has seen significant growth and widespread adoption, has contributed to the company's rapid valuation increase. Microsoft holds a significant stake in OpenAI, having invested billions since 2019(Nasdaq).