Bloomberg: OpenAI's Startup Investment Fund Completes $175 Million Fundraising
According to an SEC filing on May 25, ChatGPT developer OpenAI has closed its investment fund OpenAI Startup Fund I, valued at over $175 million. The company had previously planned to invest $100 million into the fund. According to two sources with direct knowledge of the negotiations, OpenAI representatives have told potential investors they plan to raise a second fund.
According to an SEC filing on May 25, ChatGPT developer OpenAI has closed its investment fund OpenAI Startup Fund I, valued at over $175 million. The company had previously planned to invest $100 million into the fund. According to two sources with direct knowledge of the negotiations, OpenAI representatives have told potential investors they plan to raise a second fund. (Bloomberg)