OpenAI is closed The deal is to raise 6,600 million dollars (5,972 million euros). The new financing values the artificial intelligence company at $157 billion (€142,084 million) and bolsters its efforts to build world-leading manufacturing AI technology. Investors include other large technology companies such as Nvidia or Microsoft, which have already invested 13,000 million dollars (11,764 million euros) in the company.
It’s about One of the largest private investments in history And that makes OpenAI one of the three largest venture capital-backed startups, along with Elon Musk’s SpaceX and ByteDance, which owns TikTok.
The funding round was led by Josh Kushner-led venture capital firm Thrive Capital with participation from investors including Khosla Ventures, Altimeter Capital and Fidelity Management & Research Company.
Global investors such as SoftBank Group also participated. and Abu Dhabi-based technology investment startup MGX. As it is already leaked.. Apple is not involved in the operation, Although it is already in talks to invest in the round. The iPhone maker has partnered with OpenAI to integrate ChatGPT into its devices and through its Siri voice assistant, but decided not to fund the company because of it. A new approach to being a for-profit company. As part of that partnership, Apple was in talks to have an observer role on the OpenAI board, though those plans have since been scrapped.
‘Veto’ on competitive financing
At the time of the deal, Sam Altman’s company sought a commitment that went beyond capital: The investors also wanted to stay away from financing five companies they considered close competitors. Among them are Safe Superintelligence (SSI), Owned by OpenAI co-founder Ilya Sutskever. The computer scientist left the company earlier in the year after a board battle that saw Altman temporarily fired from the company.
This request, while not legally binding, shows how OpenAI is leveraging its appeal to secure specific commitments from its financial backers in a competitive field such as artificial intelligence where access to capital is critical.
