- Fidelity participated in OpenAI’s $6.6 billion funding spherical.
- The firm valued its OpenAI inventory at nearly $30 million, in accordance with a brand new submitting.
Fidelity has a stake in OpenAI that the mutual fund big valued at nearly $30 million, in accordance with a submitting on Wednesday.
Fidelity participated in OpenAI’s $6.6 billion funding spherical through its Blue Chip Growth Fund.
According to the fund’s month-to-month report, which was revealed on October 30 and contains monetary info for the month of September, Fidelity valued its shares of OpenAI at $29,421,124.
It was not instantly clear what number of OpenAI shares Fidelity owns. The fund supervisor lists the variety of shares it has in every firm in its annual and semi-annual stories, the final of which was revealed on the finish of September and contains monetary info via the month of August, simply earlier than OpenAI’s funding spherical.
Representatives for OpenAI and Fidelity didn’t instantly reply to requests for remark.
