AIWall Street Journal1h ago
SEC filing: OpenAI invests ~$400M in its second startup fund
SEC filing: OpenAI invests ~$400M in its second startup fund, after it raised $175M for its first fund in 2021 from outside investors, including Microsoft
TL;DROpenAI is putting $400M into a new startup fund to invest in early-stage AI companies.
Why it matters: Shows OpenAI's confidence in AI market growth and signals where the industry's capital priorities are heading.
The ChatGPT maker is dedicating $400 million to investing in early-stage AI companies — OpenAI is launching a second startup fund …
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