According to Odaily Planet Daily, people familiar with the matter and regulatory documents show that Khosla Ventures has raised a $405 million special purpose entity (SPV) to invest in OpenAI's $6.6 billion financing round.

The SPV is funded by Khosla Ventures and outside investors, according to people familiar with the matter. Venture capitalists typically back startups but also participate in later-stage financings through SPVs.

Previously, Khosla Ventures has participated in investment projects including: NEAR ecosystem blockchain infrastructure company Calimero Network, Worldcoin, investment application Seashell, Chain (XCN), etc.