- OpenAI simply closed a $6.6 billion funding spherical.
- The new spherical values the ChatGPT developer at greater than $150 billion.
Cathie Wood’s Ark Venture Fund has agreed to speculate at the least $250 million in OpenAI’s newest funding spherical, in accordance with three folks acquainted with the spherical. The deal marks the fund’s second funding within the ChatGPT maker.
The cash brings the spherical, one of many largest in startup historical past, to $6.6 billion. Ark joins Thrive Capital, which led the spherical. Other rumored contributors are Microsoft, Nvidia, and Altimeter.
Ark mentioned in April it grabbed a stake within the firm.
A spokesperson for Ark Venture Fund didn’t instantly reply to a request for remark.
Ark has invested in quite a lot of high-profile startups together with OpenAI rival Anthropic, xAI, SpaceX, FigureAI, and Databricks.
