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OpenAI Launches Second Startup Fund, Raises $400 Million

OdailyOdaily
MSFTUSDT--OPENAIUSDT--

Odaily News: According to a filing with the U.S. Securities and Exchange Commission, OpenAI is launching its second startup fund, which has raised $400 million so far, with all funds coming from OpenAI's own balance sheet.

OpenAI launched its first startup fund in 2021, raising $175 million, which included investments from external investors such as Microsoft. Compared with the first fund, OpenAI will use its own funds entirely for this investment. (The Wall Street Journal)

This content is for informational and educational purposes only and does not constitute investment advice related to BTCC. BTCC makes every effort but cannot guarantee the truthfulness, accuracy, or originality of the content above.