OpenAI will use $40 billion fundraise to develop data centers, new projects - The Information
OpenAI will use $40 billion fundraise to develop data centers, new projects - The Information
- OpenAI is looking to raise roughly $40B this year.
- Peter Thiel’s Founders Fund and Dragoneer Investment Group have committed to investing more than $1 billion each in the second, $30 billion installment of the round, according to The Information.
- The company has reportedly spoken to many other potential investors, including Saudi Arabia's PIF.