5 Best-Funded AI Startups in 2023

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1. OpenAI

Funds Raised: $11.3 Billion
Valuation: $27B to $29 Billion

OpenAI is an artificial intelligence company researching and developing machine learning solutions that benefit humanity. Founded in 2015 by Elon Musk and Sam Altman, it has risen to become the most valuable AI-focused startup.

The company has a long-term focus on advances in AI and its capabilities. Therefore it freely collaborates with other research organizations and individuals. The company shot to the limelight after Microsoft invested $10 billion in the company to enhance the development of its AI-powered chatbot ChatGPT.

Since its inception, the company has raised $11.3 billion, giving it a valuation of between $27 billion and 29 billion.

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