OpenAI has raised more than $3bn from retail investors as part of a massive funding round the company hopes will help it outmuscle rivals including Anthropic and set it on the path to an initial public offering as early as this year.
The ChatGPT maker has closed a record funding round of up to $122bn, which dwarfs any previous private raise and values the company at $852bn, including the new money.
As part of that deal, OpenAI has tapped retail investors for the first time, through a trio of banks and exchange traded funds managed by Cathie Wood’s ARK Invest.
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