OpenAI reportedly launched plans for a second $400 million venture fund to make early investments in AI startups
Funding Provisional 74% confidence first seen
The coverage says OpenAI is preparing a second venture fund totaling about $400 million after its first $175 million fund took stakes in companies such as Anysphere (Cursor) and AI startup Harvey. The new fund would allow additional early investments and could increase OpenAI’s influence in how startups develop and partner, raising potential conflict-of-interest concerns.