Returning backers a16z and Thrive are expected to lead the round.
OpenAI’s latest funding round, led by Amazon, Nvidia, and SoftBank, values the AI lab at $852 billion as it nears an IPO.
The funding round would come less than a year after Anduril’s Series G, which closed in June with $2.5 billion against a $30 billion valuation.
A16z VC Jennifer Li, who oversees some of the firm’s fastest growing AI companies, warns founders not to believe every ARR claim made on X.
Investors including a16z are betting that nuclear industry suppliers will be the big winners of the AI demand-driven nuclear renaissance.