According to CoinMeta, OpenAI has announced the launch of its second venture capital fund, with a scale of $400 million, and all the funds come from its own balance sheet. OpenAI affiliated institutions have submitted documents to the U.S. Securities and Exchange Commission, indicating that the fundraising for this fund has been completed. The company established its first venture capital fund in 2021, with a scale of $175 million, and all the funds came from external investors such as Microsoft.