OpenAI and Elon Musk have reached an agreement to fast-track court proceedings concerning the company's shift towards a for-profit business model, reported Reuters. According to a recent federal court ...

Sequoia has already backed another OpenAI alum, Ilya Sutskever ... in February that Sutskever is raising additional capital that would value the company at more than $30 billion.

described Sutskever as “the linchpin for OpenAI being successful” in a 2023 interview. Sutskever’s new venture has attracted investors like Andreessen Horowitz, Sequoia Capital and Greenoaks ...

and Thrive Capital in October 2024. This cash injection suggested a total market value of $157 billion, up from $27 billion only 18 months earlier. The OpenAI Nonprofit organization has shared a ...

Sequoia has already backed another OpenAI alum, Ilya Sutskever, when he raised $1 billion for his startup Safe Superintelligence last year. Bloomberg reported in February that Sutskever is raising ...