Khosla Ventures, first backer of OpenAI, is raising up to $5.5bn

Khosla Ventures, the first external investor in OpenAI, is planning to raise up to $5.5 billion for new funds focused on early-stage startups and mature companies, marking its largest fundraising effort in 20 years. This move reflects a broader trend of venture firms raising record funds to capitalize on the AI boom, with Khosla Ventures backing various AI startups beyond OpenAI. Despite recent investments like purchasing the Seattle Seahawks, Khosla remains focused on venture capital.