The Information ·

Gimlet Labs raised its $300M round after telling investors OpenAI may spend $100M+ annually on its services; OpenAI says it's not a paying customer yet

Gimlet Labs said late last week it had raised $300 million at a valuation of about $3 billion, in a round led by new investor Andreessen Horowitz.

In this story Gimlet Labs OpenAI

Gimlet Labs raised its $300M round after telling investors OpenAI may spend $100M+ annually on its services; OpenAI says it's not a paying customer yet

Lead Source

The Information — Gimlet Labs raised its $300M round after telling investors OpenAI may spend $100M+ annually on its services; OpenAI says it's not a paying customer yet ↗

How this story grew

Coverage · 0 Discussion · 0

Sep 9Sep 10

Related stories

Bloomberg: Gimlet Labs, which helps customers divide AI tasks across multiple chip types, raised $300M led by a16z at a $3B valuation, six months after an $80M Series A

CNBC: OpenAI says its ad business has hit $1B in annualized revenue run rate and is expanding globally, as it touts its "diversified business model" ahead of an IPO

Wall Street Journal: SEC filing: OpenAI invests ~$400M in its second startup fund, after it raised $175M for its first fund in 2021 from outside investors, including Microsoft

CNBC: OpenAI CFO told investors that enterprise business now generates more revenue than ChatGPT-led consumer business; enterprise customers grew 32% in July

Business Insider: Former OpenAI Chief Product Officer Kevin Weil is aiming to raise $150M for a new AI science startup, seeking a valuation of at least $750M

Discuss with AI

ChatGPT ↗ Claude ↗

← Back to TechSnif