Despite raising over $60 billion in venture capital, OpenAI seems to be burning through cash faster than it can raise it.
Mere months after wrapping up a $40 billion funding round, the AI company is now said to be reopening the books in search of more money, according to Wired. Investors both new and old are now being asked — again — to consider pouring funds into the company, two unnamed sources told Wired.
That last round, which was said to be closed on March 31st, sent OpenAI’s valuation to a whopping $300 billion at the time. The funding…
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