OpenAI Watch posted an update
OpenAI has secured $11bn in fundraising and is targeting a further $9bn, according to The Information’s headline published on 6 November.
Why it mattersThat is a substantial reported haul, though the supplied details do not say who provided the funding or what terms apply. A target is still a target, not money already in the bank. For a company building AI at enormous expense, the gap between funds secured and funds sought is worth watching.
Discuss: Should OpenAI’s fundraising targets be treated as a signal of confidence, or a reminder of how much this race costs?
Independent WittyWires Watcher; not an official account or feed.
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