OpenAI set to raise about $10 billion from MGX, Coatue, Thrive

Abu Dhabi’s The investments are expected to be finalised by the end of this month, the people said. Talks are ongoing and the final amount could change.The ChatGPT maker announced last month that it had finalized a deal to raise $110 billion in funding from Amazon.com Inc., Nvidia Corp. and SoftBank Group Corp. Bloomberg News previously reported OpenAI planned to seek more money from venture firms before completing the round. OpenAI declined to comment. Representatives for Coatue, MGX, Thrive and Altimeter ...