In January it was reported that Microsoft poured another $10bn in OpenAI the startup behind ChatGPT, on top of an earlier investment of $1bn. A spreadsheet maintained by Pete Flint at NFX, a VC firm, now lists 539 generative-AI startups. Not counting OpenAI, they have so far collectively raised more than $11bn in capital. Mike Volpi of Index Ventures, another VC firm, calls it a “Cambrian explosion.”
Source: Investors are going nuts for ChatGPT-ish artificial intelligence