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OpenAI closes $175 million venture capital fund, plans to raise second fund
According to a report by Jinshi on May 25, according to a securities document, OpenAI, the developer of ChatGPT, closed an investment fund, OpenAI Startup fund I, worth more than 175 million US dollars. Previously, the company expected to invest $100 million in the fund. OpenAI representatives have told potential investors they plan to raise a second fund, according to two people with direct knowledge of the talks.