Altman's first fund, raised in early 2024, was $150 million. So this is a big step up, too.
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The six-year-old firm's third fund is nearly the size of it previous fund raised during the fintech boom in early 2022.
The growth fund is nearly twice the size of its previous one.
Sugar Free Capital raises $32M inaugural fund to invest in MIT early-stage founders.
Venture giant Andreessen Horowitz is burning cash to shape policy on the Hill.
Fundamental Research Labs is releasing multiple AI products related to gaming and productivity.
The oversubscribed round came months ahead of schedule, and is part of OpenAI's strategy to raise $40 billion.
