In a move that highlights the intense competition in the AI field, OpenAI has requested its investors to refrain from funding five companies it views as competitors. These include rivals developing large language models like Anthropic and Elon Musk’s xAI, as well as Ilya Sutskever’s new company, Safe Superintelligence (SSI).
This is AI generated summarization, which may have errors. For context, always refer to the full article.The request, while not legally binding, demonstrates how OpenAI is leveraging its appeal to secure exclusive commitments from its financial backers in a competitive field where access to capital is crucial
The list of companies includes rivals developing large language models such as Anthropic and Elon Musk’s xAI. OpenAI’s co-founder Ilya Sutskever’s new company, Safe Superintelligence , is also on the list. These companies are racing against OpenAI to build large language models, which requires billions in funding.
OpenAI, Perplexity, and SSI declined to comment. Anthropic and Glean did not immediately respond. XAI could not be reached for a comment. While such expectations are not uncommon in the venture capital world, it’s unusual to make a list like OpenAI has. Most venture investors generally refrain from investing in direct competitors of their portfolio companies to avoid reputational risks.
Openai Competitors Funding AI Large Language Models
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
OpenAI Raises $6.6 Billion, Valued at $157 BillionOpenAI secures a massive funding round, pushing its valuation to $157 billion and cementing its position as the global leader in AI. The company plans to use the funds for research, expanding computing capacity, and developing new tools.
Read more »
OpenAI’s stunning $150 billion valuation hinges on upending corporate structure, sources sayNvidia and Apple may be among the new investors in a funding round that could be finalized in the next two weeks
Read more »
OpenAI sees $11.6-B revenue next yearTHRIVE Capital is investing more than $1 billion of OpenAI's current $6.5-billion fundraising round, and it has a sweetener no other investors are getting: the potential to invest another $1 billion next year at the same valuation if the artificial intelligence firm hits a revenue goal, people familiar with the matter said on Friday.
Read more »
OpenAI releases reasoning AI with eye on safety, accuracyDefining the News
Read more »
OpenAI co-founder Sutskever’s new safety-focused AI startup SSI raises $1 billionSafe Superintelligence declines to share its valuation but sources close to the matter say it was valued at $5 billion
Read more »
OpenAI hits over 1M paid business usersOPENAI said on Thursday it has more than 1 million paying users across its business products, ChatGPT Enterprise, Team and Edu, as the artificial intelligence (AI) firm's chatbot continues to see strong adoption owing to its advanced large language model.
Read more »