A team of astronomers used data from NASA's James Webb Space Telescope and Chandra X-ray Observatory in their study, according to a written statement from the US Aeronautics and Space Agency (NASA).
They discovered the oldest black hole ever discovered, formed only 470 million years after the Big Bang.
According to data from the James Webb Space Telescope, the black hole is 13.2 billion light-years from Earth.
Researchers plan to use the study findings to "fill in a bigger picture of the early universe".
It is thought that these findings could improve theories on how some of the first supermassive black holes in the universe formed.
Dr. Andy Goulding of Princeton University, who contributed to the research, said there are physical limits to how fast black holes can grow once they form, but those born larger have an advantage.
Priyamvada Natarajan, an astrophysicist at Yale University, called the discovery "the best evidence yet" that some black holes are formed from large clouds of gas, and noted that it was the first time they had seen a brief phase in which a supermassive black hole was as heavy as the stars in its galaxy.
The research was published in the journal Nature Astronomy.