Cathie Wood's Ark Venture Fund has contributed at least $250 million to OpenAI's funding round, which has raised a total of $6.6 billion, showcasing significant investor confidence.
This new round places OpenAI's valuation at over $150 billion, highlighting its rapid growth and the increasing interest in AI technologies among prominent investors.
Investors like Thrive Capital, Microsoft, and Nvidia have participated in this extraordinary funding round, indicative of the competitive landscape in the AI sector.
This investment marks Ark's second in OpenAI, following a previous stake acquired in April, reflecting Wood's continuous belief in AI's potential.
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