Some OpenAI Investors Sit Out Share Sale, Reflecting AI Divide

For the past year, owning a stake in OpenAI was akin to possessing Silicon Valley gold, signaling that the investor had a ticket to the next great tech transformation. But as the valuation of the startup has tripled, some investors have refrained from buying more. And a number of marquee venture capital firms have shied from investing in dozens of artificial intelligence startups out of fears that the sector is too competitive and prices are too high.

Founders Fund has …

investor investors next openai openai investors sale silicon silicon valley startup tech transformation valley valuation