OpenAI is set to announce which investors will join its nearly finalized $6.5 billion funding round, with expectations high due to overwhelming demand. Sources indicate the round has been oversubscribed, suggesting that investors sought to contribute more than OpenAI was willing to accept.
On Friday, some prospective investors will learn whether they have secured a spot, as demand reportedly exceeds supply by billions. Microsoft remains OpenAI’s largest backer, alongside newer investors like Nvidia and Apple, though Sequoia Capital, a notable existing investor, will not participate in this round.
This new funding is separate from the $150 billion agreement that values OpenAI at $86 billion, a figure established during previous financing rounds. OpenAI declined to comment on the situation.
As the competition heats up in the AI sector, the funding landscape continues to evolve, with significant implications for the future of AI development.
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