OpenAI raises $6.6bn at valuation of $175bn, asks investors not to invest in competing AI startups

OpenAI’s request has raised some eyebrows, as it’s not typical for venture firms to commit solely to one player in an industry that is as competitive as AI. Investors who have invested in this round cannot back rival AI startups, like Elon Musk’s xAI, Anthropic, or Safe Superintelligence


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