OpenAI asks investors not to back rival start-ups such as Musk’s xAI
3/10/2024 6:30
OpenAI has asked investors to avoid backing rival start-ups such as Anthropic and Elon Musk’s xAI, as it secures $6.6bn in new funding and seeks to shut out challengers to its early lead in generative artificial intelligence.
The San Francisco-based group, led by chief executive Sam Altman, announced on Wednesday it had completed its latest fundraising at a $150bn valuation, the highest in Silicon Valley’s history.
Source: Financial Times
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