The latest Openai financing cycle was so popular that the first investors were allegedly despised by being put aside to make room for new partners

Friday, Openai progressed on its financial plans, rising an additional $ 8.3 billion to this same evaluation of $ 300 billion, the New York Times’ Dealbook was the first to report. The demand for the Tour was out of the graphics – five times overwhelmed, according to the NOW– which meant that many first investors participating in the new round would have been frustrated by making smaller allowances so that Openai could prioritize the new donors.

The latest Openai fund collection cycle was led by the Dragoneer investment group by Marc Stad, a first investor in Spotify and Uber. Dragoneer has written a massive check of $ 2.8 billion, which means that Openai now represents around 10% of business funds.

La Ronde also included new investors, including T. Rowe Price, as well as a pair of equity world giants, TPG and Blackstone. The other participants in the round included Andreessen Horowitz, Sequoia Capital, Founders Fund, Fidelity Management, Thrive Capital, D1 Capital Partners, Cotue Management and Tiger Global.

THE New York Times’ Dealbook reports that the annual OPENAI recurring revenues, which were declared at $ 10 billion in June, now exceeds $ 13 billion almost two months later, and could pass the $ 20 billion mark by the end of the year.

To offer a little context: Anthropic, the rival closest to Openai in terms of income and capital raised, has $ 14.3 billion in life fundraising, and its evaluation is $ 61.5 billion in March, although it is currently in talks to increase an additional $ 5 billion with an evaluation of $ 170 billion. Perplexity AI, another rival, raised $ 100 million last month, assessing $ 18 billion. Elon Musk’s IA company XAI has raised $ 10 billion to a declared evaluation of $ 80 billion, although fundraising in progress can bring this number to $ 200 billion.

Of course, all this money brings Openai closer to a first public offer. The company is currently in the process of restructuring itself to become a for-lucrative company (which requires a green light from Microsoft), so there is no calendar announced for an IPO. But the last lap means that Optai has raised more than any other company of AI by a large margin, which gives it the upper hand in the red -heated sector.

Openai could face a real challenge, however, of some of the most established giants in Silicon Valley, like Meta. CEO Mark Zuckerberg pays billions to AI resources, including talents; Its IA infrastructure expenses of $ 72 billion is almost 80% higher than the entire end of Openai fund collection this year. Meta is also the sixth most precious company in the world with a market capitalization approaching 2 billions of dollars.

Openai did not wish to comment further on the news or its future plans.