OpenAI will raise $10 billion from financial investors again.
According to informed sources, OpenAI is expected to raise an additional $10 billion from financial investors by the end of March, after previously receiving $11 billion in funding from SoftBank, Amazon, and NVIDIA. The sources stated that the non-profit entity of OpenAI holds shares in the for-profit OpenAI, which are currently valued at $180 billion. Depending on the demands of this funding round, the non-profit organization may sell billions of dollars' worth of shares to financial investors, in order to help other shareholders avoid further dilution of their ownership after a large-scale equity financing. The sources also said that OpenAI CEO Altman currently does not own any shares in the company and will not receive any in this funding round.
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