OpenAI to decide which backers to let into $6.5 billion funding, ET CIO
According to reports, at least one notable existing OpenAI investor, Sequoia Capital, will not be participating in the upcoming $6.5 billion funding round. This decision comes after Sequoia recently backed a rival AI business, Safe Superintelligence Inc., which was founded by OpenAI co-founder Ilya Sutskever. Sutskever departed from OpenAI earlier this year, leading to a shift in the investor landscape.
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