OpenAI Stamps Feet, Says Investors Aren't Allowed to Back Its Rivals
Briefly

OpenAI's recent $6.6 billion funding round elevates its valuation to $157 billion while demanding exclusivity from investors, a rare move reflecting industry pressure.
OpenAI's insistence on exclusivity reflects their belief that controlling investment access is key to their mission of ensuring AGI benefits all of humanity.
The terms of the deal are evocative of Uber's earlier policies, indicating that OpenAI may feel threatened by rising competition in the AI sector.
While uncommon, this level of exclusivity in investment underscores the competitive dynamics within the AI industry, as companies jostle to attract funding without benefitting rivals.
Read at Futurism
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