oh no, spending actual money!
Text version: https://pivot-to-ai.com/2025/06/20/ai-venture-capital-resorts-to-feeding-the-secondary-market/
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Sources:
OpenAI Has Discussed Raising Money From Saudi Arabia, Indian Investors https://www.theinformation.com/articles/openai-discussed-raising-money-saudi-arabia-indian-investors
Meta in Talks to Hire AI Investors Friedman and Gross, Partially Buy Out Their Venture Fund https://www.theinformation.com/articles/meta-talks-hire-former-github-ceo-nat-friedman-daniel-gross-join-ai-efforts
Previously on Pivot to AI:
Ilya Sutskever, ex-OpenAI, gets $2b funding not to release anything until he has 'super intelligence' https://pivot-to-ai.com/2025/03/06/ilya-sutskever-ex-openai-gets-2b-funding-not-to-release-anything-until-he-has-super-intelligence/
video: https://www.youtube.com/watch?v=c1yHrZR_Sgg&list=UU9rJrMVgcXTfa8xuMnbhAEA OpenAI signs its $40 billion deal with SoftBank! Or maybe $30 billion, probably video: a16z raising fresh $20b to keep the AI bubble pumping video: In 2025, venture capital can't pretend everything is fine any more video: Meta buys into Scale AI in the quest for fresh data video: