OpenAI asks investors not to back Rival startups like Elon Musk’s xAI
Oct 03, 2024 11:00 AM IST OpenAI seeks $6.6 billion from investors with non-competition pledge, targeting rivals like Anthropic and xAI. As global investors such as Thrive Capital and Tiger Global invest $6.6 billion in OpenAI, the ChatGPT-maker sought a commitment beyond just capital — they also wanted investors to refrain from funding five companies…