AI
Feb 2023
OpenAI is at the forefront of artificial intelligence innovation, developing advanced AI technologies that transform industries and enhance human capabilities. ETGPT LLC invested $900,000 in OpenAI during their pre-IPO round in February 2023, achieving an impressive 4.3x MOIC. Since our investment, OpenAI has accelerated the development and deployment of groundbreaking AI solutions, including the renowned ChatGPT, which has revolutionized how businesses and individuals interact with technology. Their mission, “Ensure that artificial general intelligence benefits all of humanity,” drives their commitment to creating safe, powerful AI that addresses real-world challenges and unlocks new opportunities across diverse sectors. With sustained growth and a dedication to ethical AI development, OpenAI is poised to remain at the forefront of the AI revolution in the United States and globally, setting new standards for innovation and impact in the technology landscape. https://openai.com/