According to ChainCatcher, Bloomberg quoted people familiar with the matter as saying that OpenAI's latest round of financing is about to be completed and the final list of investors will be determined this Friday.
People familiar with the matter said that OpenAI's current $6.5 billion round of financing has been oversubscribed, and the market oversubscription amount is as high as billions of dollars, which means that some potential investors will not be able to participate in this round of financing. Several strategic investors, including OpenAI's largest investor Microsoft and new investors Nvidia and Apple, may get the opportunity to participate. The deal will bring OpenAI's valuation to $150 billion.
People familiar with the matter also revealed that OpenAI's existing investor Sequoia Capital will not participate in this round of financing. Sequoia Capital recently invested in OpenAI's competitor Safe Superintelligence Inc., which was founded by OpenAI co-founder Ilya Sutskever, who left OpenAI earlier this year. In addition, existing investor Thrive Capital will lead this round of financing and will invest $1.25 billion.
