OpenAI is nearing a deal to raise about $10 billion from venture investors, according to people familiar with the matter, bringing the total haul from its latest funding round to more than $120 billion.
In an interview Tuesday on CNBC, OpenAI Chief Financial Officer Sarah Friar confirmed that the company was tapping investors for the additional funds. Andreessen Horowitz, Abu Dhabi’s MGX, D.E. Shaw Ventures, TPG and T. Rowe Price will co-lead the financing, which is set to close next week, the company told Bloomberg Tuesday.
Coatue Management, Thrive Capital and Altimeter Capitalare also set to participate ...
